I got it... there's going to be an announcement they're going private after the buyer has accumulated most of the float and they're going to buyout all the shareholders at 50 cents a share for a total sale of 750million but they'll be a huge shareholder already so the actual price they paid for their shares was 004..
"I do NOT anticipate a buyout from PU. Merger possibly, but I do not think PU has the cash cash or capital to compete for a buyout. Merge THEN buyout would be nice."