$heff's $tation of $tocks & $olid DD

[$heff]

$CERU..$2.67..Company had Conf Call in the afterhrs yesterday. I still like the company & their technology but didn't like that the company had key information last Friday from their CRO that the Ph 2 clinical trial release data was going from end of Q2 to Q3. That information should have been made available to investors ASAP and not held till AH Monday during their Conference Call. The company traded poorly Friday & Monday and now we know why.

Leerink states that the data could possibly be presented at ESMO in October 7th-11th. The company still has GOG data from May 19-22 but the key catalyst was the RCC data they have been discussing the past few months. The stock dropped from $3.70 range to $3.20 on Friday unbeknownst to investors but now we know why. Did not feel good about management decision to withhold that information & trade on it last Friday so moved money elsewhere for now.