If we don't have ZN news of discovery by May 31st, I would expect the MMs in very early June to drive the price up to a new year high and short the heck out of quickly while retail ZN holders are eagerly anticipating receiving their new shares (and unable to trade). But that would be too obvious right? Perhaps a day early May 30 or 31st?
The Accumulation by the FUND boys will be known thru 3/31/18 by 5/15/18. AND the "NEW to Zion" fund boys and OLDER big institutions that have covered their short sales, ARE hungry to spin-up a new high on any positive news - when the time is right...around the corner!