I concur. Press releases that "outline intent" may move the stock price; but if those intentions don't come to fruition, a reversal in price is imminent. I much rather them announce after a deal is sealed than announce what they think will come from a pending deal. Such a method may not be conducive to the build up of anticipation, but it will build shareholders' confidence over the longer term - showing them the Company is not into announcing anything, unless it's solid. And that aforementioned confidence will sustain a higher PPS in a way anticipation can't. Folks just need to exercise some patience and let things pan out accordingly.
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