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Posted On: 12/13/2017 7:58:46 AM
Post# of 72440
March 17 last patient visit concluded P2A
May 24 P2A Top-line announced
So I'm using nine weeks between conclusion announcement and top line.
The March 17 announcement sparked a run from ~$1.20 to ~$1.84 in the month following. So it could run a little this time though investors seem a bit fatigued here.
I feel that no matter what the results are, with the trials completed it will be deal making time. Even the most disappointing deal should still send us above $2 for the up list. It doesn't take much to move a $100M company if we partner into a phase 3 trial.
Bottom line is we need to get a deal and get onto the NASDAQ to get a fair valuation. To investors and patients...it's coming. Just hang in there.
Go IPIX!
May 24 P2A Top-line announced
So I'm using nine weeks between conclusion announcement and top line.
The March 17 announcement sparked a run from ~$1.20 to ~$1.84 in the month following. So it could run a little this time though investors seem a bit fatigued here.
I feel that no matter what the results are, with the trials completed it will be deal making time. Even the most disappointing deal should still send us above $2 for the up list. It doesn't take much to move a $100M company if we partner into a phase 3 trial.
Bottom line is we need to get a deal and get onto the NASDAQ to get a fair valuation. To investors and patients...it's coming. Just hang in there.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
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