What strikes me, psb, is what an attractive merger candidate DNYS is: no debt, no toxic financing, no history of dilution, low float - all of the red flags a legit, rev producing business would run from, and all attributes that raise the value of DNYS as a merger prospect. The higher the value, the higher the worth of the new company entering the picture. The two go together.
CEO Pierce didn't spend the past several years building a clean public entity to just throw it away to some pinky scam - that wouldn't make any sense.
I think something much more substantial is in the works, and it'll will make these price levels go bye bye in a heartbeat.
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