I don't care what market makers do, now. They have become irrelevant. There are not enough shares trading at the current price to make much money. If they drive the share price too low, others may step in and buy.
I do think POW! is an arbitrage play, but the upper share price in unknown. It's a risky move to pay too much.
I've been reading that there are companies that buy merger stocks for the 5+% interest, that is caused by exercising dissenter rights. It also has upside potential if the company is valued higer than the buyout price. It doesn't seem to be happening with POW!, though.
I agree about timing, but I would also add price. I don't chase stocks who's price is too high.
