The investment advisor strategy is to sell some keep some as some deals in the past have fallen off the table (as have many passed) so from a risk management perspective it’s smart to not have yourself fully exposed to risk so close to the price if in good profit - that’s what mine told me and have also advised their other clients as they had loads of calls and why some people are selling here for those that question it. .
Don’t need a degree to work that one out anyway obviously
It’s not saying it’s not likely the deal won’t go through or at all it’s just basic risk management 101
The bots most likely buying because 7 sure cents on big volume equals easy money especially with 95% of markets uncertain right now - very unlikely a conspiracy (though not out of the question) and the roadblocks are obvious they have set up to sell at this level if you want to take profit
My work shows June 20 all systems go mind you for something positive (as did the thread that supertramp pulled out for the naysayer that we were due now for the big news)
VLA Price at posting:
$1.68 Sentiment: Hold Disclosure: Held