Use the hype - be ready to sell, page-7

It depends on the upcoming Ann - and substance behind it.

My personal observation is that the PIQ SP tends to take a bit longer to reflect positive news and adjusts over 3-7 days. just a casual mental note, not advice or anything.

Depending on the substance of the Ann, I'd say 1.20-1.30 this side of the announcement, adjusting over a few days.

Im more a proponent of the free carry - taking your trading profit in shares, looking for overbought positions and taking capital back, looking for a better entry price. At the end of the day, I choose stocks that im happy taking a longer term view. But once you're free carried, the pressure is largely off, or putting it another way, you can take bigger risks in your expectations not fully playing out.

Been in PIQ for years.