Because someone posted they are selling, everyone is going to follow suit? Seriously?
Someone was able to dump $800 worth of shares somehow, that doesn't equate to a massive sell off. No one is bidding for shares at the moment, so a massive sell off is not possible.
It's all games, the RS talk has absolutely no ground. According to the company, they are working on the merger and that's all I care about - anything else that's not official is just noise.