Jurek makes a good point ... nothing is guaranteed here, and for those who are into the stock recently, the current SP is a good safe exit point to take the money and run.

On the other hand, there are two small technical sticking points that might provide some reassurance to anyone who is uncertain about holding out for a bit before selling:

1. Goldman Sachs was still buying fairly significant quantities on Friday in the 90's, and they presumably still have their relationship with Connacher in terms of maximizing strategic value. Of course, this could be a GS client with no direct connection to this relationship.

2. There are still a lot of insider options out at $1.50/share. One presumes that an offer would have to put those into the money to gain the support of those insiders. But how far into the money? And are the option holders the same group that holds influence in approval of this deal, or are these mostly held by company executives subordinate to board-influence level?