What are we looking for for upcoming catalysts dates? I have been watching this guy for a bit, waiting to get in. Bought about 5k shares today at 2.75. Has there been any updates on resubmission on the clinical hold?
Ya the ASH presentation wasn't amazing, but definitely did not warrant that big of a sell off. Active and tolerable could actually be interpreted as "good" not just decent, but if you know how the street works anything thats not a home run from conferences like ASH usually warrants major over reactions. I am also very interested to see what the FDA / CRIS has to say when they resubmit, which after I read the transcript and someone else pointed out here, is said to be done before the Holidays. If the hold is lifted, there could be a significant pop within a month or two. GLTA
welcome jrtorger. Prepare for a long hold. At this moment even though I am a long it seems quite a risky investment. There are few reports/posts saying the selloff was overdone but we were already down from 4 just a few weeks back. I am starting to think that we dont know all that is to know about cris. Anyways I am certainly not selling at a loss. will hold if it means holding for a loooooooooooooooong time. good luck.
The reason I bought in was on the premise that the sell-off is overblown, I am willing to hold for a decent amount of time, at least until some further information is given in regards to the hold. I have seen many cases where clinical holds result in massive sell-offs only to be reverted and see huge gains. No guarantee that will happen here of course, but at these prices I see the risk being alot less than the reward.