Dancer, I'll take a shot at a few of your questions.
The news came out six days ago, and some of us bought in right away. That led to a 100% pps spike. However, in penny land, runners are like mayflies: they have a very short life, and most "players" were assuming this was just a standard one day momo play
Many more serious investors had to really understand the terms of the merger agreement. This is a reverse merger, which is a little more exotic than a standard merger, and is done primarily when a more succcessful, well capitalized corporation acquires a less successful company which has the good fortune to be a compliant, clean record, Nasdaq or OTCBB listed firm.
Although there are other examples of stocks running up based on the value of the acquiring company, and the new book value, those examples are not well known, and everyone need to find out for themselves.
Over the course of three four days, people on this board, and HSM as well, took it on themselves to make phone calls to he officers and CEO of FHAL/CVSU, to get the word directly. that led to a "OhmyGodit'sTrue" moment.
Word that the $15 pps is virtually guaranteed (and nothing, ni my mind is 100% guaranteed) spread overnight through the boards, causing this stock to rise 215% on just DD, and boards.
As far as why the price isn't closer to the $15 price, all we can say is: hang out and wait a bit. A week isn't too much to ask.
We have had confirmation from the company that they have been buying up the float, and the stock has certainly been trading like a low float rocket.
Nevertheless, there will always be daytraders,momentum players, who are going to look for their 35-50% day gains and sell. This will lead to periodic pauses on FHAL's ascent. I can't guarantee you won't see some selloffs that may make you wonder what's going on. But if a big dayplayer bought up 200K shares, and has just sold those after doubling his money, it will affect the stock price. What I've seen, however, that there seem to be plenty of buyers waiting to pick up stock on good dips. Nice sign.
We have not even had a PR on this company, or a major profile by a stock analyst yet. MarketWatch did include FHAL in a list of three stocks to watch (it was the only OTCBB, I might add) But we are expecting more this week.
If FHAl performed the way it did yesterday, on news, I can only imagine where it will go with more spotlight attention.
Remember, CVSU wants the stock price to go up as much as possible. If the stock is at $15 the day of the completion, they will have to pay nothing to any shareholders. Therefore, it is our impression they will be pumping this as much as we hope they will. It is in both our interests.
In addition, CVSU is a financial "incubator". They find companies, help grow them, and spin them off. It is my impression they want to get listed quickly on the NASDAQ very quickly, because they want to raise capital to buy something fairly big.
Hope this helps somewhat!
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If you take anything I say as advice, then you're crazier than I am
