On LucidNet, the financial community had been tracking the stock movement in real time since the Nova Technologies announcement dropped.
A user posted the moment the JP Morgan statement went live: "JP Morgan just confirmed. 'Active discussions.' That's the language. Four sentences, maximum legal caution, and they still couldn't say it was nothing because it isn't nothing. We now know who the partner is."
Another added: "The statement is doing something specific. It doesn't confirm the partnership details. It confirms the relationship exists and signals to the market that JP Morgan is not going to deny it. That's a deliberate positioning choice. They want the market to price this in before the formal announcement comes."
The thread continued building as the stock movement became impossible to ignore.
