History never repeats itself in the same fashion. Yet we can learn from what's happened and perhaps apply it to future opportunities.
KERX shares weren't halted Monday in PM. The press release announcing the positive result came out at 7am. Premarket opened at $5 and then drifted lower. I know this for a fact because I had my finger on the button to buy more at $4.80 but chickened out (I did buy later at $6.40 and $6.66). During the cc (which started at 8:15) the price jumped back up to $5 during CEO Bentsur's glowing comments.
When the market opened at 9:30 the SP drifted lower yet again, bottoming out at $4.69. It wasn't until 11:20am when the SP finally crossed $5 for good.
The point of this is that even with stellar results we may have a chance to buy in before the SP goes hyperbolic.
Heck, I don't know. I'd love to see $20+, it'd be a heck of a good week for me. The thing I couldn't understand was that the first few hours of KERX good news brought less than a 40% appreciation in SP. If Celsion announces stellar result tomorrow AM and the price is only $11, I'll be selling the kids, the dog and the house to buy more.