Yes, momentum since the press release clearly shifted to the longs.
Pretty interesting, because the release really just confirmed what was already known about the FN listing, not even really expediting timing from any published expectations. Beyond that, simply said that a prospectus (known) and an update would be forthcoming (new, but just announcing news coming).
So, I have to conclude that the marketplace did not believe that the listing would happen, and now it does.
Perhaps this is premature, as it's only been 2+ days of trading, but with even consolidation obviously a new short term trend.
The encouraging thing is that I have to believe that the actual news when it happens will be more bullish that the news that it is in process.So, if the pps upward glides toward listing in 5 weeks, then benefits from a new receptive audience, the intermediate trend will have been broken too.
