Just a few days ago before Dole CEO offered to buy out, analysts said sell dole and investors pushed dole to $9. After CEO offered $12/share, investors bought $12.60/share because they think some one would bid with higher price. The fact is all about GREED anf these investors deserve to lose the shirt.
First of all, they're not investors - they're speculators - and second of all, the stock market is a #$%$ shoot made up of charlatans, cheats, posers, liars, smilers getting by on a pitch, a shoeshine and a $2,500 suit - in short - it represents the American way of "root hog or die": A Republican dream and a Democratic nightmare. Me? I think I'll have another drink.