Doyle Brunson's bid for WPT...

[MakhtarUNC]

I just recently invested a good amount of money in WPT (World Poker Tour, WPTE). A few days after doing so, I check my E-Trade account to come to realize that WPTE is up 50%...I read the articles and I see that speculation says that Doyle Brunson offered 700 million to buy the company, that is reportedly only worth 350 mil...is this real? if so, when do you think is a good time to sell the stock?