BET out of channel, buy the rumour sell the news in full force.

Hell of a sell off for BET, quite a suprise to be honest. Dont know how it will play out next week but given the volume i feel like its going to be a risky couple of weeks for short term traders here.
If i had to have an opinion on the news, i feel that a company of BET's market cap couldnt afford TAH.. but i like what Tripp is bringing to the table.
Definetly good buying at the $1.20 range, but to risky right now for me given the buy and sell volume of last 2 days.
*could be nothing, but risk v reward here isnt worth new entries.