That $18-$24 scenario is exactly why we had the bear raid, and a new bashing effort to go with it. The shorts were getting creamed and they needed to do something.
I am simply amazed at how some newcomers to the stock took the time to locate, read and quote from the minutes of the adcom. Quite a feat considering those minutes were only released - what timing! - yesterday.
BTW, the adcom minutes include some exaggerated editorializing by the person who prepared them. "Many" voted yes "reluctantly". What hooey. That is simply not an accurate summary of the vote. I wish I had a transcript of the adcom.