Re: CyrusOne Explores a Sale After Bidder Approach - SA reporting this too
So many "Me Too" lemming rush to follow on herd instinct.
Because one stock gets an offer does not guarantee their competitors will also get an offer. Quality DD still needs to be done and was evidently not done in such a short time it took to run up the competitor's stock price.
You would think by now with all the history to back up the theory , these speculators would be more sophisticated and logical than taking a chance on spinning the follow the leader wheel of fortune.
Buy in haste and repent in leisure .. gives you time to lick your wounds and bruised ego .