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Kid, I'm with you today on the April 4s and just bought some today. I think there is a strong likelihood that we will get a pretty good pop after the Special Committee approves the go-private offer. As the stock goes down, they will have more justification to accept the offer. Also it leaves the door open to arbitragers who could buy in around this price just for the quick 35% gain. They may vote yes on the buyout if they just want the arbitrage.

This stock dip is pretty typical in the RTO go-private deals. The stock pops after the announcement and then lingers for a while, slowly drifting down. Then once the Special Committee accepts the offer, the stock moves closer to the go-private offer. CMM had a pop, but WWIN’s was a little more gradual. See
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