Hmmm.... I need some hypotheses as to what is "driving this train". Thank you.
Sentiment: Strong Buy
Was deeply oversold, with known catalysts nearing, partnerships, and decent pipeline. In the rotation, it was an overlooked gem and was noticed coming alive again!
Just look at the Intercept Pharma action. Everyone is now looking for the next multi-bagger in biotech. CYTK is not the only company going up. Even with the price gain, CYTK is still below the 52 week high in a market that is hitting new highs.
this really makes me believe that all trading is made on public available information.
Probably the expectation of the start of phase III.