RE:RE:Game plan studentsPennyGee wrote: Sound logic.
Just a small tweak:
Monday Jan 7 could still be dicey as some institutions prefer to keep driving S/P up all the way down to the wire before expected-to-be-good earnings and then dump hard.
Plus many corporate execs will return to their office on Jan 7.
I will hold off until Wednesday Jan 9 to see if there's any response to GG's offer from other potential bidders.
If no other bidders have shown up by Wednesday Jan 9, expect S/P to drop like a rock on Thursday.
Friday's priced-in-by-Wednesday Q2 earnings, no matter how stellar, will only serve as the next big catalyst for a sustained downturn.
PG
And there could very well be another bidder, will be great for all shareholders, not me though.