Well, I looked through all my news links to see whether there was something causing the move, but I could not find that info. Do you mind posting whatever link you have that made that info known because my search for something of that kind drew a blank.
That said, I think that, as a day trader, I'd perish rather quickly if I did not rely on the rule that "You trade what you see", so when this thin charged up in that massive 1 minute move, and I aw no corresponding sell down (people taking profits), it was a classic example of this rule.... trade what you see.
So, again, where did you find the info that there are buy-out rumors?
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