I'm not going to get caught with my pants down this time. I have a sell in at 1.55 for 40k shares with full intention of buying on the pull. To me it seems obvious the stock has to retest 1.57 when the big news starts to role.
If the stock decides it might want to keep going and test higher ground, and have another sell in place for 40k at 1.75 which I would also buy back in on the pull.
I can't help but think investors have waited so long for this news when it comes out, the SP will take off but many will want their profits after the long wait - especially the people who bought in over 1.00 on the last uptrend and feared they'd never recover.
I could be totally wrong, but the market is also about people as well as companies and stock prices.