I appreciate your opinion, but I'm not in the same position as you are. If I were a day trader, or if I made my living on the market, I would probably trade in a sense which you describe.
However, I have a day job, and I cannot devote my undivided attention to stocks all day. I believe that I have found a great investment in LOCN, and that when the event occurs I will see a large return on said investment.
Maybe one day I can quit my day job and jump from stock to stock, but for now I'm looking at picking an investment, being confident with my decision, and seeing it through to the end. For that scenario, I believe LOCN is a great opportunity.
As a final note, you can't have a guarantee on profits on ANY stock. For a number of reasons I believe LOCN is a safe play, and I do not believe there will be much, if any, dilution after the merger. This stock already ran over 50,000% gains and there was no dilution during that event.
