Regen BioPharma Inc (RGBP)

[cvinvestor]

Appreciate the PR today. Unfortunate timing of release on a market sell-off day. Did add shares. Seems I was the only one buying as price went up and now has fallen back.

Why no momentum follow through I ask myself? Well, one reason may be that this good news had been assumed several months ago when PR was that dCellVax IND was expected to be submitted by end of August (which was a delay of original date). So while good news today on follow up of a new patent application which means they learned something important about dCellVax over the past few months, the IND still has to be written and if submitted by end of Oct, it's still a 2 month delay of latest PR projection. I added shares today bc I didn't think IND would come until 2015, so it's at least a couple months earlier and hopefully we get a timely PR when it is actually filed.

Unfortunately, if market continues to weaken, RGBP might not even hold these gains, but I'm hoping it will and can add as news slowly spreads. Too bad it doesn't treat ebola. ;-0