The stock price dropped before the vote on the RS....
It was the announcement of the RS and the unremitting negativity that occured in the resulting discussion that dropped the price.
The RS hasn't happened yet.
I expect the the price to fall somewhat after the RS, as that is the most frequent pattern resulting from a RS.
I further believe that the falling trend will reverse only when there is some positive production news and news about the challenger rig going to work.
Once that happens the RS will be put behind us and the price will adjust to reflect the actual activity of the company rather than the emotions created by the RS. Whether that will be a higher or lower price will depend on the facts at the time.
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