Like many posters of this MB, I have read the new Celsion 8K Filing on their Website. As already quoted on the Board with regard to the Hisun/Pfizer transaction, "The $5 million non-refundable payment has been received by Celsion and comes in advance of Celsion's expected reporting of results from its pivotable Phase III trial (the HEAT Study) in heptocellular carcinoma (HCC), also known as primary liver cancer, later in January 2013." This is an official SEC 8K filing and there is "no way" in-the-world that Celsion would make this statement unless they were: 1) certain of completing their DMC meeting which could take more than one day (say today and Monday for example, if the DMC elects to review Celsion's PR releasing EVENTS DATA). So, in the opinion of this observor, Celsion will release EVENTS DATA on Tuesday or Wednesday of next week. Moreover, because Hisun will almost certainly pursue their Thermodox rollout in China through their joint venture with Pfizer, Pfizer would appear to be the most likely candidate to partner with Celsion on the rollout of Thermodox in the U.S. and much or all of the ROW. So, I am raising my Celsion closing price target for today to $9.
Sentiment: Strong Buy
While I wish you were right, I can only laugh. You are like a weather forecaster calling for a heat wave during a storm. Do you have any ability to observe actual trading or to learn anything from your repeated horrible predictions?
avii77 posted today on IV about a book Tom Fleming wrote about DMC practices. It opened my eyes somewhat - at one point he references that the data should be locked about 25 days in advance of the DMC meeting. And that reports should be generated (including TL data) about four days in advance of that meeting, so they have a chance to familiarize themselves with the data.
I am now assuming the DMC met earlier and obviously some of the unblinded data has been known for at least two weeks. I do NOT believe mgmt is privy to this, however.
Mojo.....I hear ya man! I think this afternoon's session will bring in high volume buying as the door is closing quickly on getting in cheap. The Feeding Frenzy begins after lunch imho.....unless it doesn't. If it doesn't then I was wrong.
Sentiment: Strong Buy