They gave me no timeframe. Just the fact that is still in the appeal process and no decision is made one way or another but a decision will be made and announced. That information is obviously up to whomever is making the decision.
My advice would be to contact your congressperson and see if they can push for approval soon. I happen to know quite a few congress people, so I just call when I have questions to get me to the correct people. Not sure if it works the same for everyone but definitely try it.
My humble opinion is they would have made a 'no' decision already should they have thought there were toxic debt, massive dilution, etc. Its pretty logical to me as I know many people in authority both in the public and private sector and they make 'no' decisions quickly when they think a company is doomed. Our government works the same way in many respects. Keep in mind the new congressional budgets were just approved this week. This is one of many reasons I stay invested. To me, its just common sense. Its easier to hand over a 'no' than a 'yes'. The longer one waits, the more chance the answer is 'yes' when it comes to business. It means, to me, they haven't run into any snags in the long process of vetting. Snags would immediately flag a 'no' and that would clear a bureaucrat's desk for the next task. There hasn't been a 'no' so take that for what its worth. Seems to have always worked for me.
