Thresher Industries, Inc. (THRR)

[pennypit]

This doesn't make any sense to me. I had stock in a large biotech company on the big boards last year. Before the pr came out confirming the merger and the pps, there was a lot of speculation of what it might sell for. The price ran up like crazy and even beyond what it eventually sold for. After the merger was announced in a pr confirming the merger and the pps they agreed upon, from what i remember trading was halted for 30 days until the deal could close. my questions are: if this is such a sure thing and the price of .01 is final and the deal was accepted and the only thing we're waiting on is the closing date, why isn't this trading closer to .01? why isn't trading halted for 30 days until the deal closes? why would the company purchasing want to pay more than what they have too? I don't know, maybe I'm not understanding how this works, but it seems a little fuzzy to me. Not bashing, but really just trying to figure it all out. If I am guaranteed .01 I would be an idiot not to buy what I can along with every other human on the planet. It just doesn't make any sense.