What news will be the next news? Will it be about urinary catheters? Will it be about viral conjunctivitis? Will it be about wound care?
Holding. Thinking of adding, but unsure of the wait time for results of one of the trials.
Urinary Catheter data due next month, Impetigo results due in October and the conjunctivitis results due in December . Expect good results so red chip can pump it even higher. Doubt red chip would start coverage on NBY right before all of their trial results failed it would cause chaos among their customers. I also doubt NBY would pay red chip a cash fee to promote them if they knew that they would lose investor support with failed data. This collaboration is a win/win for red chip and NBY. Red chip will look great with their amazing pick and receive cash: NBY will make their company stock more visible to the public, be able to execute share offerings at higher prices per share and be eligible for the bonus pool of 1 million dollars as per the 8k on April 24th. NBY and red chip know exactly what they are doing here so expect fireworks for 2013. I wish I could put a long-term sentiment disclosure of Extremely strong buy. GLTA
Got a brouchure in the mail today pushing NBY from Red. Says target price is over $4.00 and all the good atributes NBY has! So maybe you'll see some movement from the piece. Red is getting paid for it as it says in the small print. I'll watch. Bio's are high risk as we all know.