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Wednesday, March 08, 2023 10:27:08 AM
We need to see one of the following to break the pattern:
- PUMA Finishes/disappears
- PUMA Changes strategy to urgent buying (pushing pps up. This would be indicator that they're running out of time to fill order and/or almost finished order)
- Volume before Price type of volume
- Charles delivers surprise PR (Major/Tangible) to bring retail interest/buying pressure back into the mix
Unless and until we see one or more of the above, nothing changes & pattern continues. To be honest, as I've said over the past month or so, I'm not expecting any of this until April at the earliest. I'm confident that Charles will file for another extension at the end of March, which will push the Annual fins to be due in April. I'm hoping at that time we start getting some answers and/or some of the blanks filled in.
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