Go back and read posters comments few years back around this same time prior to Iplex MMD Phase 2 results.
Everyone and hheir grandmohters were looking the positive trial outcomes. Stock was trading $25.20 (adjusted) with highliy anticipated phase 2 results. After the results stock opened around $10 and closde around $6 in few months.
I am not saying the results will be same now, but if it is negative watch for $1 to $3 range and not $12.