I wouldn't be suprised if the scenario went like this: one or two big shareholders vote against the buyout. The stock tanks. In a week or two, a little higher bid comes @ 3.75 which is accepted. All the short term traders who sold, lose out or make a few pennies. Just a guess, but a lot of time the end isn't the way you expected.
All posts are In my opinion, and are not meant to harm or defame anyone, please do your own DD.