P is an internet music service.  Rumors of a buyout are heating up again. Such rumors have been ever-present for a long time.

We cannot comment on the rumors but do know there is 24% short interest potentially leading to a short squeeze.  This is suitable only for aggressive investors as the risk of loss is high.

This is a short-term trade, not an investment.  Consider accumulating up to 35% in the zone of $11 to $12.76.  Target zone is $16 to $18.  Mental stop is under $10.68.  It is trading at $12.51 as of this writing and is very volatile.