Tuesday, March 26, 2024 10:05:34 AM
In the case of SAPX we were lucky to have JB as the CEO, as we got just enough clues to have time to load up.
I like to buy early, before the Mob scene, crowds...
But I know from experience in 2013/2014 that Major mega Billion dollar firms and lawyers, means a pathetic slow pace for approving the final print of a PR for a dual ticker stock.
In 2014 a stock I was in had filed a redacted 8-K on global billion dollar tech deal, but the firm GE bought in France,
GE's largest competitor Alstom Power's attorneys and VPs, dragged out the PR approval way past the SEC deadlines (weeks not days)...
In other words, this is not under JB's sole control on the approval of the PR. And Major Billion dollar NYSE firm execs and SEC attorneys are not known for speed in this sort of stage. Also, what if major actor's names are involved they must get their approval for wording?
I prefer hints and stepped rallies before the major news... as some morons sell the news.
I have my tickets and front row seats...
Meanwhile, just ignore the sewer rats and slime baler posts of those hanker for weak hand sellers.
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