Yeh, but look at SSN not so long ago. I did same and waited for SP to drop to buy in after there CR. Didn't happen, why, because it was right in the lead up to news being released so it did the reverse and shot up instead.
Not saying that will happen here, but "spudding" is happening in the next day i'd suspect, so if anyone is thinking straight it could work the opposite. Of course, the herd mentality of most would be to jump ship without looking at the scenario properly and will stuff it up for everyone. It could only work if everyone thought the same. It won't though. Too many that will bolt without analysing the situation to their advantage!
MEO Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held