RE:Bid/Ask sitting at $2.29 with a trading halt as of 9:15now $2.12 ish which would seem like a more normal reaction to these kinds of PP's. I'm no expert trader, but I know that traders look for these announcements to buy in close to the bought deal price. After that, they simply wait for the tide to come back in and sell after the impending rise once the market digests the news and gets back to thinking about the future. Good luck longs. Remember that PP's are the reason why companies went public in the first place.