I can hardly WAIT for the share reduction to happen!!! I will have my finger on the sell button to exit my position. That news will maybe give it a dead count bounce for a day or 2. It'll hopefully be a nice chance to exit this POS without a loss. I just feel bad for the people that excitedly buy into that news when it happens. They might be left holding the bag for awhile.
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wait until the reduction is in writing