Applied DNA Sciences Inc (APDN)

[Parkmart]

I owned ushg before the Ionatron reverse merger bringing Ionatron public:

“There have been a few discussions in the micro-cap section regarding USHG. Today it closed at $6.00 even after trading as high as $8.00 the previous week.
The reason that this should no longer be discussed in the micro cap section is that after April 29, 2004 AMHG/Ionatron will very soon no longer be a micro cap stock. It will be changing it's name and stock symbol and seek a listing on the Nasdaq or AMEX.”

In the case of this reverse merger it turned out to be better to wait a week after the merger before selling.

In the case of a buyout, board approved, you just wait til buyout is concluded.

In the case of multiple, competing bids, without board approval, I would sell on the news.