this INOD news was a done deal last night itself... this is just giving it a death certificate, nothing more... the deal was DEAD before we even came to know about it 36 hours ago...
sure there will be some knee jerk reaction and an aversion to get back to $1.15 + again but to expect this to go back to 30c or something stoooopid is not happening...
we are back to "normal" business that was driving the sp up - if that was purely on the INOD deal (highly doubt it) then we will be stagnant to down until something else comes up..
BUT if we were running on some other set of news like the Telco customer then we should roll on (but at a gentle pace)...
time to switch off HC APX threads until there is some more news or sp starts nudging above 1.1
Ann: Withdrawal of Innodata's non-binding indicative proposal, page-27
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