I like your analysis of the current situation.
Unfortunately I wasn't as smart as you and held through the announcement - a good lesson in risk management for me. My position was wiped out because I held warrants whose strike price was higher than the low point of the crashing sp (at least the warrant issuer Citi got to share some of my pain).
In those circumstances it was hard to quickly jump back on the horse. However on 8 April it seemed likely that there was some upward pressure so I bought back 40% of my pervious position - so far so good. Your post made me realise what might have been!
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