I just posted this at RSL thread and I think it is very relevant...

I just posted this at RSL thread and I think it is very relevant for WPI

People worry and that does make sense... its a shell after all with no business...

But my strategy is simple... you buy a Cicero Group shell and you wait.... they get the deal for you and then they perform in such a way that sp keep performing... lets check our some facts...

Nxr - started at or around 1.7-1.8c... now trading at 10.5-11c with the high of 16c...
Zip - started around 15-18c... now trading at $1.08 with $1.24 high
Vtx - started around 0.8-0.9c, now at 5.8c with the high of 8c...

I have a watchlist with these 3... I watch them few times every day gives me peace of mind... another important factor for me is... Cicero is no pump and dump, their stocks just keep making gains... similar things were happening with VTX... it offered almost 5 trades between 1.3-1.9c... I could have locked it then or I could have waited... I decided to wait keeping in mind the bigger picture and ultimately made more gains then trading...

so I am doing the similar thing here with similar strategy and that is holding and adding to my position when and if I got capital... I am planning to hold till the acquisition and will review my position after checking the facts and figures related to the acquisition...

As always buy sell or hold based on your strategy...

Cheers