Monday Morning Speculation
It appears the Agora consensus seems to be coalescing around initial shock, resignation, acceptance, looking forward to NDoC. Entirely normal feelings.
I anticipate the Market Makers will shake the Tree at the opening Bell. The wildcard in this scenario is whether the PTSC BOD has something up their sleeve to mitigate in some fashion the market maker and Traders plans. Am heartened many, if not most on this board are keeping their heads and not panicing, at least not visibly admitting it here. Privately, it is natural to be seething. Most, I believe are looking at the larger picture, realizing the $$$ are in the NDoC, NOT the ITC. PTSC has a much stronger position, albeit dominant, in the proceedings to be conducted in 2 weeks, assuming PTSC goes to trial and the SJ is rejected by Judge Grewal in NDoC.
There are traders and bashers here, who exist to create volatility, by spreading FUD, misinformation, etc. to garner a better short term trading position, for themselves and/or their employer. There will be big volume, generated by paniced investors, MM's, even committed longs, who again will be looking to buy at discounted prices, while dumping shares to create/accelerate the decline and buy back shares later. I will look to what happens Tues-Thurs, as well as Monday. The MM's are going to shake the Tree violently (Unless the PTSC BOD gives them a reason not to lessen the blow). We shall see according to some LSU guy..lol. Virt