Lilly governance chatter: the system says LONG, but the edge is closing - you need the actual event
The Opportunity
The directional call is LONG, which means the synthesis is leaning to a positive mechanism (the governance/regulatory bundle is not assessed as a durable negative). The reason this is INVESTIGATE is lifecycle: it sits in propagation_monitor, which is the pipeline's way of saying the story is already spreading and the edge is closing. If you are going to be long, you want to be long on a real governance catalyst, not on a bundle label.
The Timing
The missing confirmation is the core problem: what is the concrete governance event (filing, investigation, board action, regulator artefact) that is new enough to move expectations? In a Mixed 48 regime, LLY can still move on idiosyncratic headlines, but without a clean event you are trading narrative fog. Promotion requires a single underlying artefact; demotion happens if the bundle remains cross-sector noise with no discrete driver.
The Evidence
The hydrated evidence bundle attached to this signal appears contaminated (it includes unrelated links like hrdive.com and a whalesbook item), which is itself material: it suggests the aggregation is mixing topics rather than anchoring to a Lilly-specific governance event. That is why this row is INVESTIGATE and not a tradeable conviction call: the direction is stated, but the evidence is not clean enough in this payload to justify execution.