Re: Struggles to be expected if we're heading to huge gains....
in response to
by
posted on
Apr 24, 2019 11:40PM
Yes of course you are right. I should have added that "only". And yes, there is potential for additional market moving data.
However, I feel that nothing significant will happen until top line data comes out. It seems to me that given the 90% fall in the share price after the Phase 2 trial, the market is in a show me mood. It does not matter what the Phase 2 data showed: eGFR, Alkaline Phosphatase, LDL, HDL...the market considers them all suspect...that is my read.
So the only way this share price is going sky high, is if the Phase 3 data shows what we believe it will. Till then, it is nothing but some range trading exercise.