The difference this time around is MUS has the cash it needs (it hasn’t even started to draw on the 2nd out of 4 CN tranches), we have an auction date that is only 2 months away, and 3/4 of the inventory required for auction.
While the SP might bounce around (like it did today in the lunch break), we won’t be heading back to 3.5c before the auction unless WWIII breaks out.