if the results were bad and one person in the company knew the results this stock would tank on massive volume. This is some nervous nellies who were gifted shares in their estates taking precautions. I for one bought today at 5.9
As per Dr A ,at his recent investor conference and posted here, results will be released in January. In this no news vacuum, the stock is cycling betweeen 6-7. Unless the volume picks up substantially I would not worry! IMHO
Correct. I have approximately 65 K shares, I had 120 K but sold them all after the stock plunged to 4.5 and recovered and then built up a position. The risk in my mind is not only that the trial will not be successful but the degree of relief. Unless there is 6-8 point improvement in the AUA score, the stock will tank.