Agreed. The shorters jumped on the Glaucus banwagon. With such a...

Agreed. The shorters jumped on the Glaucus banwagon. With such a report, the SP would have reacted negatively first before sorting itself out. The late announcement got them lucky. It was 50-50. It could have gone the other way if QIN had announced a new contract. That was the bet. If I was a shorter, I would have cashed out too realizing that luck rarely strike twice.
As I'm going long, I doesn't really affect my position. Now with Blackrock buying, I might follow.