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Monday, August 10, 2020 10:37:25 AM
The announcement of the Big Deals is what everyone was waiting for -- I saw it called "the most consequential PR in BIEL's history" -- and it turns out to be fluff.
I'll come back when there's actually something to talk about. Meanwhile, the crickets are already starting to chirp.
What was my prediction for "the most consequential PR in BIEL's history?" Wasn't it a spike to .0011 that dies in 15 minutes, then a retreat to .0008 by end of day, and then back to .0006 in three weeks? I was being generous. The selling pressure was even worse than I expected. It could actually close red. Meanwhile the champagne corks are poppin' and the confetti is in the air. Hilarious.
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