First paragraph is true: Earlier this morning, OncoSec Medical (ONCS.PK) announced its 2014 strategic update. The update provided a list of some of the upcoming events/catalysts that investors could expect. It appeared to have been a positive press release but shares dropped by as much as 15 percent before rebounding. The drop likely occurred because of investor impatience. Several investors may have been expecting a data release. Today’s sell-off reminds me of the age old adage that, “The stock market is a mechanism that transfers wealth from the impatient to the patient.” In order to be successful in the stock a, investors must know when to recognize value. After today’s sell-off, OncoSec Medical is extremely undervalued.
yea im kind of bummed they sent it out...it doesnt say anthing new though...i was hoping for a bigger dip to lower my average. i almost sold last week because i figured it would hit below .50 but didnt want to chance it. oh well.
Very true in many ways. Though I'm still a little disgruntled with the delay of things. The principle of the matter is that OncoSec has quite the potential, and we even may be looking at the lowest it may go for a while. The conference may define a couple of things, but we shall see.