Paddywack, it's my personal opinion that the market has been looking for a reason to buy AKK again.
The MC @ $7Mil was underrated!! I see this sort of movement not as an over reaction but as a square up.
Considering that the MC sat at $7mil even when they ann that EF would accept tender offers and the recent sales in that shale have shown these offers could be anywhere between 5-9Mil!!
I do 100% agree that patience is the key here though! Selling now could look good for recent buyers but if the offers come in close to 9Mil... MC will go boom.! DYOR & Good luck!!!
AKK Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held