Posted On: 05/20/2016 11:16:57 AM
Post# of 72443
Re: thefamilyman #22683
Data was anticipated next week. Karen was predicting possible end of week then downgraded it to following end of week.
Regardless, it would seem prudent shorts would slowly cover again today to avoid any risk. I wouldn't think Monday is news day but wouldn't be surprised if it were. My preference is to release the news and announce a partnership agreement together but that's probably fantasy land. The negotiating party would have to do their own due diligence and completing the financial portion will take time. Hope they have competitive bidding. Leo did say he was contacting multiple interested parties. More the better.
Regardless, it would seem prudent shorts would slowly cover again today to avoid any risk. I wouldn't think Monday is news day but wouldn't be surprised if it were. My preference is to release the news and announce a partnership agreement together but that's probably fantasy land. The negotiating party would have to do their own due diligence and completing the financial portion will take time. Hope they have competitive bidding. Leo did say he was contacting multiple interested parties. More the better.
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