Too bad it wasn't CNE that was taken out from Pacific instead...CNE bounced with markets it was oversold the whole of the indexes.. On the news of progression with Obama and Congress this weekend on fiscal cliff.. Some talk about the Chinese getting better, FARC talks start today and some talk on more Japenese Stimulus, War in Iseral helping to boost energy sector too. Most of the speculation is the case on the fiscal cliff is what is lifting markets today. I am guessing the exta added news of Pacific buyout did not hurt share price eithet some may speculate that aCNE is next.. Why Pacific did offer for CNE first why pay over 7.00 for a stock when CNE is lower and has the assets just the same...JMHO

http://ca.finance.yahoo.com/news/chinas-economy-recovering-double-digit-growth-gone-government-083309157.html;_ylt=AiYQTbE_5D2FdEmy.mZI.GFyzJpG;_ylu=X3oDMTRrbWkwcmtyBG1pdANBTFQgRlAgNyBCdWxrIFRhYmJlZCBMaXN0IFNob3J0ZXIgMiBpbWFnZXMEcGtnAzM0NjM4NzgwLTIxYzEtM2EwNi1hMDVmLTU1NDhjNGQwZjc0ZARwb3MDNgRzZWMDdG9wX3N0b3J5BHZlcgM5OGVkYjVkMC0zMjY0LTExZTItYmVkZi1hMTk0MTM5NDNlYjA-;_ylg=X3oDMTFpaWd1MzUyBGludGwDY2EEbGFuZwNlbi1jYQRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3