Yes but Mr Arper in your own words you cite continued uncertainty as to what rate he is going to use and I agree. The stock price moved from around $3.20 to $3.74 A/H close. The re-evaluation will continue Monday with an even higher number. The market re-pricing and lowering the risk component is a fluid situation. It actually started with the big run last Friday. The risk/reward scenario is clearly moving to the buy/long side as I see it. Once again if this is the only news we get tomorrow the stock price will rise and then pause. Could go up/down from there depends on many factors, ( shorts, mm activity TUTS decisions on future expectations etc)
Bottom line stocks and markets in general move well ahead of tangible events.
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