RE:Need an Acquisition and quick. I am not sure an aquisition announcement will work at this point, unless it is an absolute game changer. But even that might cause them to have to do a fundraiser which will dilute the stock. Thus effect the share price. Plus, if they do an aquisition, will they be to so slow on the next one again?
So everyone is expecting an "a move the needle " aquistion as promised, so not so sure it is not already priced in. Buy on rumor, sell on news. A small tiuck in, will do nothing.
As a swing trader, I see no upside. IE Too much risk to deploy money. 50% chance of S/P increase.
Not good odds...IMO