My realistic PPS after successful RM is $15-$40 PPS within 2 or 3 months. You can hold long term but often with RM's/Shells the private company offers the public shell company investors a significant decrease in shares. Does not necessarily mean it is not a good value but lets say RM happens. CLX or whoever will say something like, " Hey, we will give you 100 shares of CLX stock for every 1,000 shares of PASO stock owned. This is all speculative and does not mean it will happen but this is sometimes the case with RM's. So really what causes the price to peak to my understanding( and I could be wrong here so someone please correct me if so) is the hype and investors that don't mess with penny stocks wanting to buy as much of PASO as possible in hopes of getting discount shares of CLX before they change the ticker name and go public. A savvy whale investor will happily buy as much PASO as possible to to get those discounted shares before merger is complete. So Ideally (Again someone correct me if I am wrong) current PASO investors would want to sell before that ticker changes or current PASO shares are turned/exchanged for CLX shares.
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