In my experience, acquisitions/buyouts are generally useless as the chart typically shows a major gap up followed by a nonvolatile flatline. There are much better high probability setups to grow an account exponentially.

I agree. All buyouts have an initial gap and does nothing all day. Look at $RDEN as another example. Never play buyouts. This isn't one of Tim's strategies as you don't have an edge.

Thanks for the feedback guys. I wasn't playing this as a Buyout play I just happened to be in this when a BO happened. Looks like now there is an investigation going on into the lowball wall price this BO is being executed at.. Any idea what may come of the investigation and the attorneys being involved on behalf of the shareholders?