>>see so little reaction to such seemingly positive news <<
Wait a minute, weren't we up 20% :-) My, my are we getting spoiled or what? (just kidding)
OK, here are some fundamentals:
News cycles run over three days, that means there is a three-day impact to news.
Day traders buy on rumour, sell on news, that is good cause it gets them outta here.
MMs try to keep the price down on news to discourage investors.
Heck, DGIV announced a MAJOR 50M contract a month or so ago, and we only got a pop of 50 cents, then gave back 1.50 over the next three weeks. I didn;t care, because the price movement was artificial and short term. DGIV is back up now, in a holding pattern with even more potential than it had back then.
Given that the new administration is not in place yet, that we have not yet changed the name yada yada yada, I think we should be very happy with the 20% pop.
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