I personally think any merger news will send us skyrocketing that first day and then from there, the company we merge with, will dictate whether or not we continue to push north once people realize the company's potential or, if the private company is not as strong, we may see some selling if shareholders aren't confident in the new company's future.
Either way, there is a lot of money to be made if played right IMO. DD on the new company will make or break us shareholders but anybody who is in at these levels will definitely have a nice opportunity to make some nice dough, no doubt about it.
Go TOFS!