Stock Response Is Muted; Might Be A "Sell The News" Event
I think everyone expected this stock to see new highs on any new deal signed. The stock's response to the news is extremely disappointing. Looks like we'll sell off at any point, which will really put fear and confusion into the longs. I'd look to buy over $40 as that would tell me it's breaking out and the shorts might be in trouble. However, that doesn't look like that's going to happen.