I was shocked to see it hit that level. I was planning to take out the ask at .0139 and then place a bid for the rest at .012. To my pleasant surprise someone gift wrapped those shares at .011 and now I'll see if I can get filled for the rest there.
I don't know if someone is hard up for cash, doesn't believe this deal will happen or what, but a one cent stock that is on the verge of a $300,000,000 (there's those zeros I love so much) deal is a no brainer for me...
If if this was all fluff, the speculation alone should have this over .04...I'm smiling ear to ear baby:)
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