in the four trading days last week, we had over 8 million shares sold, I watched it all week on street smart, and there were more than a few 10-20k blocks traded. Put activity seemed no higher than normal (seems if I have 20k, I'd spend a couple thousand on Feb 5 puts and wait and see). My point is,this upcoming announcement is baked in on both sides, and we're far far from sitting on a sure thing.
Absolutly not baked in,,,,,,,,,,if the results are good clsn should have a market cap north of 1b,,,,if there bad it's game over,,,,,,btw 1b is extremely conservative looking forward,,,,,,ceo stated possibly 1b in annual sales,,,,,you can multiply that by at least 3 for fair market value,,,,,,of course this all hinges on positive data
Sentiment: Strong Buy
The price is not baked in. This stock is so volatile and there is such a fierce bear/bull battle that we are going to see a significant move in one direction. Emotion will drive the move just as much as fundamentals. Perception is reality.
$14+ on positive results $2- on negative. Those are conservative estimates. You're seriously kidding yourself if you think the price is baked in.
The scary part is that it's not a sure thing and bad data translates to just about a total wipe out.
Gains not taken can change to large loses.
The question is on the upside.
With the stock up 200% in a short period of time how much of the possible good news is already baked in?
The downside is huge , the upside, if any on good data is unknown and probably only minimal.
This looks like a sucker's bet to me.
"With the stock up 200% in a short period of time how much of the possible good news is already baked in?" . . . maybe that question is valid in your day-trading world, scam, but if Tdox results are strong, MARKET CAP will be the dominant driver going forward. . . if you don't understand that, have someone who knows something about current valuation in the biotech sector explain it to you . . . good luck . . .
Baked in usually means that Wall street or the market buys the stock before an anticipated event....say the company value should move up 10%...the the price per share would go up that amount before the event...the gains are already there before the event
in this case his comment is confusing, since other than me and the dog no one else knows if the data will be positive or negative....
unless he is saying that the pps leveled off in the seven dollar range, that is the loss level the shorts would be willing to cover on.....so that would be a question of ratio to value...and again this is a pointless
thought pattern...we'll know soon enough!