Many institutions and funds will now start to accumulate in force. Many were waiting for 1040 news because of the likelihood of negative results. Now it is all about 8040!! and 5010 to some extent. Lets not forget celiac disease and a few others!!
"BLRX partner, Bellerophon (BLPH-NC), provided a preview BL-1040 report regarding the upcoming data release from the CE Mark registration PRESERVATION I study expected in the coming weeks with formal presentation at the European Society of Cardiology meeting in London on September 1st. We are optimistic regarding study outcomes and recommend accumulation of BLRX shares prior to data release."
However, I am concerned (and super excited) a bit about the wording here. Specifically, what was this preview BL-1040 report about? I cannot find this report anywhere in the filings or by google. And, if they only gave it to Roth, then wouldn't that be an illegal insider information leak? Maybe not if they are not trading on it and only giving advice.