IMO, the dramatic rise had just about everything to do with the rumor, and just a bit with the BMO call. To now think it's the BMO call is over-reaching. As the rumor effect fades the gain now, I think this slide is slowed by the recognition of how strong the rumor effects can be, and perhaps by the remaining BMO upgrade.
This trading action is really frustrating. It's about 25-30% worse than it should have been vs. the averages. Still, we're not in the $2's, yesterday's late gain shows that real news still can move us up.
Time isn't our friend so much when it comes to cash. So, I think in 60 days or so, HB will present his solution to solving the challenges.
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