[pcabc]

It doesn't apply to buy-outs, as once the deal has done through like this one looks to have had. Then the shares will have a limit of whatever the buyout price is. In this case, the news outlets are reporting the shareholders will get $41 a share, and the close today was $39.95. So not much left in it imo. But a nice profit if you already bought it in the Stage 1 range.

Ok. I guess that makes sense. Would be too freaking easy that way.
[/quote]

If you see a chart with a large step increase that then is basically flat 10 to 1 it is a buyout. You will find that if you have shares in a buyout that there will be a period where you are effectively 'locked in' whilst the money or whatever is sorted out. Happened to me once. Not bad, but you can't do anything else with the money or sell during that period.