Hard to understand what you saying. I am trading for 15 years. And I know for sure that stock price not always reflect true state of a company. One example of many, I held stock Covad COVD, which one day before completing closing, was trading 20% under deal price. There are many other examples, when the price is way above of the proposed deal.
I hope it is going to be voted FOR merger tomorrow. Was anybody on this board buying shares for 5 dollars? I was. I tell you when, December 2008 I bought 1000 shares at 4.40. If economy goes bad who knows how low this will go. Plus the management, as everybody complains here is not most trustworthy. I think at 29.75 everybody will make a profit. Let's just don’t make things more complicated. There are probably some other obstacles to approve the merger ahead. But first step in the right direction is the most important one. Goluck tomorrow.