Well, many penny stocks are pump and dump. The best is to buy low and sell on news or when you see a decent profit. I hope you will stay around to reap some profit too. I know sometimes, it can be frustrating, but I have made nice profits on penny stocks. Sometimes, patience and timing are the key. Whether you believe in the merger news, at least remember the fact that this hasn't made a real run yet, so hopefully it will soon. When you have a some decent profit decide what you want to do. As for me, I am confident, the merger will be good and we will have a good run. I for one intend to stick around for a bit at least. Not pumping but going by my judgment on my investment Good luck to you too!