we should be hearing something on phase 2 trials by monday or tuesday and great results should result in fast-track approval by FDA by May 1.This will be great for longs, no doubt.
You are absolutely wrong. You will probably hear about Phase 2 results at the June ASCO Conference. Not before. When the company gets fast track approval is unknown. Hopefully it's in the next 30 days.
Where did you get the notion that the data from the Phase 2 trials will be coming out next monday or tuesday?