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  • stockplaza555 stockplaza555 Dec 18, 2012 7:08 PM Flag

    If Deal is held up stock will drop to around $27-$28

    Close at 32.03 was probably shorts covering. Many shorted on spike down yesterday that the deal was collapsing .. but when that was not the case, traders must have covered. I will not read much into a 0.03 close above 32!

    It will likely come down by 27th unless there is a counter offer