Just today, the rebound from an unnecessary market "scare", started. This company was shorted after news from the FDA, saying the alzheimer drug was a dud, came out. It showed no efficacy. Looks like it took about 2 weeks for everyone to remember the reason this company is so valuable. Type 2 diabetes is a MASSIVE market and their oral GLP-1 agonist, which shows similar efficacy to the INJECTABLE agonists on market today, is in phase 2 of drug development.
I'm confident this stock price wont drop back down to $0.70! Anyone who was smart enough to grab shares at this steal of a price is sitting very happy.
I'll look forward to your guys' input. What do you all think about this goose?
https://seekingalpha.com/article/4163311-vtv-...e-comeback