Actually it would be going up if not for good old MAXM throwing shares out there. The fact that it has held it's value under heavy dilution says a lot for how strong the stock is.
I fully expect the merger will happen as do all of us investors. Steve Reinarz has tweeted that they are on schedule but I do think that it is going to be tight.
We all know that if the deadline is not met that this is going lower but even if this is the case, I am certain the merger will be very shortly after that. However, this is also going to be the point where the flippers are going to play the flipping game.
Bottom line is the longs are going to win and within a month are going to have a very nice ROI regardless of what happens this week.
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