This transfer, to some extent, has most likely been expected by the market for months (IMO). I guess the large short interest in NEA may have been built in anticipation of this announcement. Might I say, sell the rumour buy the fact? I don't know, but I think the recipient of all those shares would have a vested interest in seeing them go up and not down. But I guess you can never tell what can happen in a situation like this, but if the shares are dumped that'll just be creating an opportunity for me and I'll be adding to my existing holding (DYOR) because there will be a lot of shorts (approx 50 million shares) probably looking to cover in a sell off (IMO,DYOR).
NEA Price at posting:
$2.50 Sentiment: Buy Disclosure: Held
