That 5.30 resistance was mentioned many days ago; not a big surprise that it stopped there. It will need to be retested and this move into the 4.40 area is still supportive of the rally into that resistance. Its getting too risky not to be positioned in the stock.
I would consider that a very bad move due to the available shares that are out there right now and the closeness to the date of the news. I hope everyone realizes that for every sell there is a buyer. I am sorry trist that you have waited too long and are having trouble filling your buy orders. I'm with Patton long and calm. If any one sells now in two weeks they will be buying their shares back from people like tristano @ a 30% plus premium.