Hello everyone, I have been a long term (1yr) holder of Baffinland Iron Mines, my average was 55 canadian cents per share. It traded in a 52 wk range of .38-.77. Yesterday it closed at .56 and this morning a company came and offered 80 cents a share cash. I sold this afternoon at .90, now it's 92. Why is this thing still going up, if bim ceo accepts everyone with shares over 80 will auto lose money. and the market is weak imo. Is this a good time to short? what can happen, another company offers a higher amount?