Surprise just before earnings. Stock is down post merger more than $1 per share but up 32% from lows. Fuzzy math being used here I wonder what the new play is?
The Street just upgraded AXTX recently. Now down grade to hold. Makes you wonder what they are up to. The stock didn't move on their upgrade if my memory is correct.
With ASTX you can be assured the downgrade will bring the PPS down but nothing with an upgrade. Know why??? This team has no concept of creating shareholder value.
You can tell from the write-up that TheStreet's rating is based on some quantitative analysis program that does nothing to account for the pipeline, etc. - it is a meaningless rating.
University funding is usually a waste of money and effort. Management like Obama are clueless.
You're wrong on both ,