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Re: schmelzy post# 77114

Monday, 06/04/2018 4:13:44 PM

Monday, June 04, 2018 4:13:44 PM

Post# of 128546
Presumably all of these known catalysts are already priced into the market and no one is waiting for the dates to pass (efficient markets hypothesis/perfect information). I suppose one could argue that the vote might go the other way, but that would only produce a slight probability-based discount. Once the bill passes, that slight discount goes away and all the other known catalysts should be fully baked (pun) into the present value.