Agreed, but ultimately the deal terms will determine just where the SP goes. In the interim I believe the MM are shorting the stock into retail buying. Not sure why, unless they really believe the deal is not going to get done or is not going to be as good as has been disseminated. We shall see.
THIS IS MY OPINION ONLY AND NOT MEANT TO BE A SOLICITATION OR RECOMMENDATION TO BUY OR SELL MONI OR ANY OTHER SECURITY.