I am sort of surprised the trading this week has been as calm/orderly as it has been. A couple really big near term catalysts are directly ahead.....proxy info should be out tomorrow....then Q2 earnings report in two weeks.
There will always be some nervous nellies and in this market it rarely makes sense to buy ahead of news no matter what company or stock or industry.
I think no matter what the proxy plan is or is not, the stock will react favorably as long as things are well explained, hopefully via a parallel press release from the company.