For all longs I think I have found out why Dr. Kim is having a conference call Tuesday morning! The consensus for revenue of the 5 analysts covering Inovio for the 3rd Quarter is USD 2.9 million. If the Roche payment of $10 million was recorded in the 3rd Quarter, they will blow the consensus revenue expectations out of the water by $10 million plus. If this is correct ,I see a surprise upside profit of possibly +.02 to.03 cents. If this is the case it is understandable why Dr. Kim would like to have a webcast conference call .This is the way I see it,could be wrong ,but I am standing by my predictions. It all depends on the Roche payment and when it is recorded.......GLTA
So nobody knows when the Roche payment was recorded, the 3rd, or 4th Quarter? Even the 5 analysts don't know? That would be an amazing thing if it happens tomorrow!!
Sentiment: Strong Buy