I am not sure it really matters which comes first.
I do think the pps will drop based on the r/s (nature of the beast), but conversely the pps should increase based on a solid 10-k.
At the end of the day I think we settle at a higher pps than what we have now regardless of the steps taken.
Ex. #1 (10-k released 1st):
pps rises in anticipation of 10-k release - lets say $0.20. 10-k is released and it is good - pps rises to $0.30. 1-10 r/s is announced - $3.00 pps market correction based on negative interpretation of r/s - pps down to $2.25-2.50
Ex. #2 (r/s released 1st):
pps rises in anticipation of 10-k release - lets say $0.20. 1-10 r/s is announced - $2.00 pps 10-k is released and it is good - pps rises to $3.00. market correction based on profit taking, "sell on news" actions, etc. - pps down to $2.25-2.50
This is all conjecture and illustrates my uncertainty on if the end results differs between either scenario.
Long-term (greater than 1 year from now) I do not believe it really matters what comes first (r/s or 10-k).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.