Weird PR languages to terminate LOI, lol.
My prediction is after a couple of weeks, when averaging down people will get tired of buying cheap and bag-holders will start to reduce positions to buy in other tickers, it will slowly go back to easy bid/ask 3/4. Still some people buying low hoping there will be another deal sometime soon. It’s fresh wound, takes time to heal, sadly.
In OTC, after a fail deal, it takes a while to get another one. They just don’t jump onto another until everyone forgets and forgives recent one.
I suggest existing longs not to rush buying more and new ones take your time, what’s the rush, nothing is going to happen soon!
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