In my opinion, the news is good for an entertainment company like this. Even if they receive $0 directly, think of all the new companies that do get something? What will they want to do? Advertise and market their products. Guess where that advertising and marketing money will go? This is more meaningful to a company listed than news before. Regardless, want to see where support comes up and then it should be good times. Going short seems risky when the market will be digesting the news. Again, I feel this news is substantive. So, that's my bias for now.
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