Thing is I never claimed that SRSR has ever had a problem with it. That means nothing for this year just like it means nothing for next year. If you expect circumstances to remain stagnant than I guess every year would be identical.
I would never claim one year will be like the last.
For the record.
SRSR has never had a huge tax issue. We will just have to wait and see if we have one this year or if Scott can PR us to safety. If he cant and the PPS even thinks about testing the 52 week low the bottom could cause a lot of tax selling. I wouldn't mind seeing a rebound back to 5s but it wont happen this week IMO
SRSR has also never had an issue with people being in the red at the EOY either. Most EOYs the PPS was encouraging. This year IS different. It has never had a "Coming next year" PR either.
Scott can save it all and might with a ST spin off PR if the JV is actually going to happen. IMO he will have to do it before the SOE deal so we should get it at a minimum of 30 days before the JV deal closes since FINRA takes 30 days to process a spin out. FINRA can delay a spinout so I would think Scott would want that loose end taken care of early. This will be the big hold up in the whole deal.... there are only 5 reasons Finra can hold up a spin out. only 2 apply here.
If the issuer is not current in its reporting obligations, if applicable, to the SEC or other regulatory authority.
or
If there is significant uncertainty in the settlement and clearance process for the security.
The first will be an issue The second might be. only because of the CTO.
I do not think Scott can get this done in time to save the PPS.
That is where my thoughts on the matter come from. I dont just look at last years charts.
Besides the chart what do you see as something that can save the PPS this year? (Taking for granted that the deal will close on or near the Feb date)
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