RDS.A price dropped over 4% so far today. Why?

I saw the article that they are putting a bid to buy BG group, and that the offer they made is higher than anyone expected... So I am not surprised that the price is dropping to match the loss of cash.

But I also saw an article in Reuters that said that "European shares hit 8 year highs" because of the $70bn bid.

So why the substantial drop? And how long before it bounces back? Would it be a smart grab today at the low price to maybe recoup the 4% or more when it comes back in a couple days? Any thoughts?

I am relatively new to investing, sorry if this is a dumb question.

Submitted April 08, 2015 at 11:43AM by Dynamite_Fools http://ift.tt/1IN6I0G