I agree with yours in terms of our not having any ability to "guess" what the judge is thinking. So, we can't really tell what it is that he means by "under advisement"... other than that which is obvious in the meaning of it that tells us that he IS thinking about it. It is always a mistake, IMO, to try to read "timing" impacts into statements of status.
I disagree with you in terms of thinking that the "status" change created by the judge taking the Markle motions under advisement... does nothing to change the position of the parties.
I won't find it useful to address every element re how and why I think that is true... but, IMO, the filing of those motions is VASTLY more important than it seems is being recognized here.
I also disagree with your expectations re the likely market reactions tied to "nothing happening". Most CLYW holders appear to know a lot more than the "average" shareholder about how legal events happen... or not... and how the happening, or not, may or may not mean what others expect...
Also disagree with your expectations re the market impact that is likely to result from CLYW actually WINNING their motions...
Obviously, it is likely if CLYW wins that WINNING the motions will result in two things...
WINNING will result in CLYW succeeding in advancing the purpose in their planned efforts...
WINNING will result in delays... tied to the impact of WINNING.
That doesn't make WINNING into a bad thing... and I expect it is likely going to prove true that there is a lot more VALUE tied to WINNING than there is value tied to the short term perspective re days, weeks or months in timing...
Reduction of risk relative to success, and value in the dollars versus the pennies... is worth a lot more than predictability, much less "certainty" in the dates... which, as anyone who has ever followed a case from initiation through completion knows, doesn't exist anyway...
Otherwise, agree with you that now is as good a time as any to be sitting on a very large pile of cash... although, depending on your time frame, not all cash is equally valuable, the less as we close in on implementing QE II. I do doubt that folks who are focused on winning the fight here... are spending a lot of time right now worrying about the quality of the returns on their cash holdings...