Be careful. You're talking about a stock that was trading at $1.20 on Monday morning. For good reason. Revenues were declining, company has slipped from profits to losses, they just lost one of their biggest customers according to the 10Q last month (so financials are going to get even WORSE), their parent company is bankrupt in India, and their stock was about to be delisted to the pink sheets. So they acquire another worthless company whose sole product is a free app. Anyone who has actually downloaded the app realizes it's a joke. No terms on the acquisition. No financials for RedZone, which I'm guessing is because they have no revenue. This stock should be lucky to trade in the $2's. The double digits is complete insanity. Only question is when does this thing collapse as reality finally sets in.
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