I thought it was interesting the update gave a timeframe for the upgrade news. From one point of view you could say it’s to keep people holding on and not sell yet but the flip side is it tells shorters they have more time to play before it gets serious. They could have kept quiet and let the market keep guessing. In my opinion that may have contributed to the downturn after the report. However, wouldn’t it be nice if they released the upgrade tomorrow and burnt the shorters! Now that would be a nice trick.
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