"I am on the side of no buyout, no leak or any earth shattering news coming soon.
It was a large flip of shares and a reaction to it."
NOT has seen many moments of large numbers of shares trading in a single transaction with no affect on the sp other than to at best drive it down. If this was just a response to volume the traders would have sliced and diced NOT today taking profits. As you'll note, the end of day was something of a poker finish.....not overly eventful other than the play of a few "cards" setting the sp. When is the last time you saw such a gain without a fallout the next day when news didn't follow. Possibility.....information is already known.....the sell won't take place until the rest of the market knows it and ups the sp...at which point the sellers will do their thing. But, we wait to see.
I'll still bet that Wes would state that it's just NOT returning to it's value.....but something started the move didn't it....and I don't think Wes' comment, were it to be said by him, would be including all of the facts.