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LOL. It matters if you have been enduring this for 6 years.
I actually have. But only referenced the 12 weeks, which is not unheard of. However, when I said "I have never seen anything like this" I was talking about 2 years of "ending" the trial, multiple multi-month processes that are now multi-year processes. Topline in June, July, September, wait...we're not telling you now. That's what I was referring to.
I am at the point where I would prefer topline next week. Why not have the tax event in 2021. Not saying that was at all in the thought process of waiting, maybe just one small benefit. It is amazing we are going into the 12th week past data lock, however. Never seen anything like this.
Keep seeing small 100 share offers at $1.79 and they are taken and it doesn't move. Being held here unless bigger buys come in.
Well, I do not think they will put out topline after tomorrow morning. Short week so no time to run with wed/thurs release. The true story, IMO, will be told tomorrow afternoon if no news. If we keep steady, or rising, then I would start believing there is news coming early next week. If we sell off into the long weekend, then no leak.
Seems like we get a pretty sizable bear raid on these moves. Without news, nothing to hold them off until it shakes out. However, we must be getting close to actual topline. Even without notification of warrant suspension, and the guesses here that they were moved to February 15th, combine that with the 6-8 weeks to run comment, and we HAVE to be close. But, that has been said for a long, long time. Depeche Mode----Enjoy the silence.
Is this a run up for expectations of topline today or tomorrow? Too many discussions with warrant holders and something leaked? Just a chart move? Volume and price move for two days. Hmmmm.
Up to 14.4k traded.
That is if there was additional incentive given, right? If no additional consideration was given, just an extension, then they don't have to disclose. DI told someone "optional" as far as a further suspension. Maybe they got it without more warrants or shares given. At least with enough of the warrants from friendlies.
Warrant suspension notification is optional, no 8K needed.
If you agree they have been unblinded for several weeks then you have to agree they have topline data. Unblinded data is topline data. They consolidate it into a PR and announce the fundamental endpoints with some color. Then, fairly quickly after that a journal article comes out with a deeper dive. So, yes, they have topline IMO, and are trying to finalize timing with a journal publication.
He DID NOT state they do not have topline. He stated they are working as hard as they can to get to topline...meaning release. They have, and have had the unblinded data for weeks, IMO. In other words they know what they are sitting on and are trying to present it the correct way.
we need buying to hold the line in the last half hour.
Ok, then that is a positive.
Great, so no news for at least two more weeks?
Hopefully make another run this afternoon to close over $1.40. Every week the selling pressure amazes me. There are a lot of other places these traders could be making money with less risk IMO. We will see topline soon, whatever soon means. It no longer looks like a binary event and recent developments suggest there is more info in favor of at least some positive data and news. Why would you still be here in a tightly wound stock with the potential to pop over recent highs? Seems almost nefarious.
Tomorrow will be 75 days post data lock. Even if it took 42 days or 6 weeks to do the SAP calculations, that means the company has been unblinded for 33 days....plenty of time to absorb, review, and write the topline release.
How long can they legally hold the data?
true story. No morning sell off to start the day. It's fighting hard to get above the 50DMA. If buying comes in we should break through and move higher. At a minimum would form new support at higher number for next week.
An up day, confirming chart, showing confidence through this weekend, would be a strong sign to me.
I am very surprised we haven't had a leak by now. I am guessing that LP and the steering committee, SAB, LL, all have had access to the unblinded data for several weeks. That is a lot of eyes on what should be game-changing data. No news today. Last chance for topline this year is likely one of the next two Mondays with two short trading weeks ahead.
The only reason, IMO, to do the 10Q first is to include more vague language leading to more speculation and delays. Every day that passes means more information they have must be included in subsequent items notifications. I don't think they want to do that if TL is truly within days or weeks. You mention, AGM?, do you mean Annual shareholders meeting? If so, we won't have that until April. The company shifted that date this year and I was told it will stay that way.
So, yes, a journal article is possible and probably likely, but how long can they hold data from release, and defend that decision with SEC? It is material in the highest degree and will impact shareholder value, dramatically...one way or another.
I don't believe they have any intention of telling us about the details of the warrant exercise extension. And to me, that is a good sign. 10Q will detail that info. And given were we are, I believe the 10Q comes after topline. That is my hope anyway. Best I can glean reading tea leaves.
Anything released on a Friday would not be good, IMO. You would wait until Monday to get the full week of trading if it was good news. Next week and the week after are both 4-day trading weeks. Another excuse to wait until new year, I guess.
Can any poster here who has warrants, warrants that were restricted until December 15th please tell the board if they were suspended again and until when? Thermoo, Skitahoe, Marzan, Bueller, anyone?
So it appears warrants were pushed out farther. No notification to verify but there would be some conversion action by now IMO. So, what does that say about topline? If those who spoke with DI say a 6-8 week run until warrants are in play again, do we see topline this year? How far out were warrants pushed? Feb 15th?
It is amazing to me that every day there are people here trying to (having to) infer and surmise meaning from investor relations. And, believe it is a positive or try to make it so. The bottom line is that they stated one direction, multiple times, in print! Pedal to the metal. As soon as possible. Etc. If they are shifting gears and going a different direction, it is only fair for us to know that. 73 days from data lock when the estimation was several weeks from then until topline. We will be approaching 3 months next week. I'm sorry, short conspiracy theories and self-imposed quiet periods with no indication why are simply not acceptable from a public company. Especially when there are significant events that have happened in the meantime, namely a month late 10Q and a couple hundred million warrants freeing up that could affect shareholder value if not addressed.
Most of you know I have been very outspoken and negative on the mgmt communication strategy and self-inflicted PPS wounds over the past few years. I do believe that if we do not get an 8K on warrant suspension, it is a good thing. It would tell me we are close to topline. Would mean to me that the extension date is not going to interfere with topline run yet most of the street won't know when that date is. Sounds like an LP strategy.
Yes, optional tells me that they are not going to tell us this time. I asked a couple questions this morning and no reply.
Assuming no topline this morning again. Do we get warrant suspension news this afternoon?
They obviously do not feel obligated to tell us anything. Believe me, they have been getting inundated with far more questions recently, but have said nothing.
The problem is that if we don't get notification of warrant lock extension this afternoon, it means one of two things:
1. Not enough Warrant holders would agree to extend.
2. They are still deep in talks with no agreement yet and warrant conversion could start tomorrow.
The data is probably spectacular, IMO, it's not that. But Yes, people here are more than willing to wait, again. I am tired of waiting without an update.
70 Days past data lock. Silence. Travesty.
Breaking support line. Need buying this morning or this could get pretty bad.
Usual morning selling pressure. Wouldn't expect anything else. One thing is for sure, Silence=sells.
C'mon LP. Topline PR at 9:30!!! Then 8K after hours on warrant suspension. Perfect day for it.