As Nippy said, although I think more or less 90% of the population believes this time they should get approved, it's better for everyone to have a plan for yes, and a plan for no, and possibly a plan if there is a delay injected.
I had one last CRL, and thanks to it despite us being at 10 year lows recently, I'm in the black.
I will make one up in the coming weeks aswell. One for a yes, and one for a not yet.
I also don't believe the shorts will depart this stock until after it's approved. They did not last time, and immediately post CRL skyrocketed to almost 10% of all shares shorted. Or close to$ 200 million worth of shorts.
If you don't want to even consider the possibility of a negative outcome ( approval for shorts ) or ( CRL for holders ) , it's probably even more important to do so.
Of course, if MSB is only a tiny % of your portfolio, then it's less important, and if you don't care about loosing or making $ then it's a non event.
The ramifications to August 2nd, is like a gold mining company who have just recieved approval to mine and refine a massive deposit they just discovered, with all equipment, and the entire minesite allready up and running. Just a case of hitting the Go button for MSB, and penetrating the market.
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$1.48 |
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0.105(7.64%) |
Mkt cap ! $1.689B |
Open | High | Low | Value | Volume |
$1.40 | $1.49 | $1.38 | $8.181M | 5.685M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25443 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 60811 | 4 |
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No. | Vol. | Price($) |
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2 | 25443 | 1.460 |
9 | 126101 | 1.455 |
2 | 19977 | 1.450 |
2 | 47643 | 1.445 |
1 | 18977 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.480 | 60811 | 4 |
1.485 | 70703 | 4 |
1.490 | 209218 | 9 |
1.495 | 312041 | 9 |
1.500 | 528708 | 27 |
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