Sunrise Consulting Group Inc (SNRS)

[mentorman]

These posts are almost too silly to respond to but since no one seems to I will. You cannot secretly accumulate shares of a company to take it over. Once you reach 5 percent of the OS you have to file a statement with the SEC and tell what your intent is, ie, takeover, investment .... If you fail to it constitutes fraud.
If you file your intent as "takeover" then the pps skyrockets. So you almost always see a formal offer for takeover. And, almost all takeovers offer a premium on current pps. I remember when NBEV bought AB, their offer was $75.00, and the share price stayed at $65.00 for several days before the deal was final. I never did figure that one out and wish I would have followed my gut and bought at 65.