Yes silly me for thinking that Arena might be different to any other shark because it is in their long term interest to act any other way.
The positives are the SP has shown great resilience in the face of relentless selling (the market is actually very bullish) and all this selling is setting up MUS well for the post-auction period.
I would rather a sustained rise off the back of outcomes than a speculative run up on promise. When the SP is driven by reality then you know when to buy and sell - when it is all speculation you never know when the SP has reached a final top or a bottom.
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