AllthatJazz it is a bit of a head scratcher. I had a bunch up for sale at 6 cents but pulled it around 8 am(put it up last night). In Poynt's last days before it went broke it's market cap traded at between $7.5-15 million. So it would seem like its bones are worth triple what we are paying-all things being equal.
If you look at the trading right after the purchase of Poynt was announced people started selling off. Was it in order to buy the pp? Now since the pp has been announced the sp has increased.Are other deals in place that are unknown to us that are encouraging other people to buy? I don't even mean family and friends of management. How about a leak at another company? Few employees start chatting. Or even the guys at Beacon security. You don't think they are giving people they know the heads up,if this is a good buy?