Typically, after a big surge, a stock would undergo profit-taking and try to form a new basis.
The lack of any follow up news will send the stock up and down day in and day out until a
new basis is formed. Another piece of good news will send the stock higher to another level.
Since yesterday was a down day, I would predict tomorrow's pps will trend upward.
Just my humble opinion
I agree. I think he just doesn't have any idea about XOMA, and 'overheated' is the only word that came to his mind at that moment.
Has anyone read the January Corporate Presentation?
I might be mistaken, but I don't recall seeing the Phase 2 stage of Autoimmune inner ear disease (AIED) on
XOMA's clinical test activities; nor have I seen Giant cell arteritis (GCA) on Servier's side of testing. Are these