I can't argue with your assessment. It seems fairly reasonable and a little conservative (hopefully). Your scenario depicts a post-pps movement, however, and I think somewhere in a certain range, the pps will actually start trading on a proactive basis (more than just a MOMO play). Hopefully we will see some pr within the next few hours. If we don't, I can't help to question management's decision why? Unless, of course, they wait until the morning and then just alert everybody to what has already occurred.
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