not at all, the stock goes down a few pennies aday, smart money is wrong at times, your concept that just because ichan and klaman bought this higher that they are going to get a higher price, the market says no.
yes, there are companies that get taken over for less than where so called smart money buys, just look at apkt, traded as high as 83 to 87, orcle buys them for 29 dollars, so it happens all the time