Does anyone know when the next clinical trial results are likely to be announced? Are there any results that we are likely to hear about in the next couple of months? Like the Breast Cancer "interim" results announced a few weeks ago, hopefully if no trial will be complete until next year, maybe they'll do another "interim" report in the next month or two!! If not, we can only cross our fingers that the mythological "short squeeze" drives the price up. This is a very volatile stock. I can see us go above $10 in the next two months if the right things happen, or I can see us go below $5 or $4 again.
Tomorrow the company is having a meeting/dinner with Brean at 6 in NYC. If you read Brean's coverage, they are clear that their price target (substantially higher than the current price) DOES NOT include any potential revenue from Japan nor from metastatic breast cancer, colorectal cancer, etc. If the dinner convinces them more regarding the positive signs from Enchant, and there is any indication that they should factor Japan into their numbers, expect an upgrade pretty soon - likely moving them up to the 20-25 range of a couple of their peers. This will support a rise in the shares - although before the upgrade even hits you could expect to see the stock start moving up as the analyst begins to give a more favourable view on the shares to his client base.