The only bad news is that many others out there likely are expecting that as well, and often in finance when everyone is expecting the same thing price wise, it usually doesn't happen.

If many others were expecting it to happen, then the price would be higher already. The fact that the price is trending down means there's more selling than buying, which tells me that the majority if the money is betting on it not happening again. By your opposite reasoning, that should be a good thing :-)