[MalcolmSm1th]

Tom, the usual thing to do is to sit back and smile. If it's a takeover then your share may increase in price. If it's a hostile takeover then there may be a second bidder coming in and then it's really fun.

If I am looking at the correct chart: Cadence Pharmaceuticals then it's interesting to see that there was a rise in volume and price in and around November of last year which would have taken the stock higher than the a recent previous high.

So, I guess this is another example that Stan Weinstein could have given in his book.

Good luck on the takeover and unless you have a significant stake in that company (ie you own a good percentage of it) then I would let the institutional investors decide on whether to accept the bid or not. I would just sit tight and raise my stops in case the stock price falls if the deal fails to go through.

Well done you for having a takeover situation.