Here check this out. Intel merged with McAfee today and McaFee surged 60% in just the premarket. Now those shares were already like 30 bucks a piece and now are almost 50 bucks. Thats outstanding for a bigtime corporation like that to raise PPS that much. Just wait for VCTY to merger and see how high a low float like us will rise :)
And even if it is, where the hell is NITE going to find 10 million shares at this level to cover. We haven't had 10 million sells total in the last 5 trades, and we were at a higher PPS the whole time.
As long as the longs here hold there shares, NITE is going to be buying back higher.