Here is the article.
The Cybersecurity and Infrastructure Security Agency (CISA) has ordered all US federal agencies to update the SolarWinds Orion platform to the latest version by the end of business hours on December 31, 2020.
CISA's Supplemental Guidance to Emergency Directive 21-01 demands this from all agencies using Orion versions unaffected in the SolarWinds supply chain attack.
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The Cybersecurity and Infrastructure Security Agency (CISA) has ordered all US federal agencies to update the SolarWinds Orion platform to the latest version by the end of business hours on December 31, 2020.- They won't stop the contract. That's why I am bullish in the SHORT term.
Forming a double bottom; good short term bullish indicator. I don't know if this stock is any longer a "long term" investible security, but could see $6-8 upside over 6 months in 2021. Just my opinion.
We still can't predict the impact of the security breach on revenue. If there's a significant hit, the stock can easily go down another 30%-50%. If on the other hand, the Q1-2021 results will not show significant decline, even if just a small decline, then the share will jump.
January 1, 2020
So - no, the news are not yet priced in because we don't really know the most important news: impact on revenue.
My position
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