OncoCyte Corp (OCX)

[Tim501]

Big breakout today - up nearly 10% at the close. Volume was impressive.

Earlier this month the company announced this:

ONCOCYTE TO PRESENT INITIAL DATA ON ITS BREAST CANCER DIAGNOSTIC TEST AT THE PRESTIGIOUS SAN ANTONIO BREAST CANCER SYMPOSIUM

http://investors.oncocyte.com/news-releases/2016/09-08-2016-110057092

The event is DEC 9th. The release was a full 90 days before the presentation. That and the use of the word 'prestigious" seems like a big signal the company has great things to say, and with the validation of their successful data from the lung cancer study coming in JAN 17, the next few months could get very exciting. The market potential for their products seems substantial to me. I wonder if the Aegis investors that will hear them tomorrow (late) will think the same thing?

http://investors.oncocyte.com/news-releases/2016/09-20-2016-113014061

Importantly, where most bios are a total crap shoot - and nearly all fail at some point, this one seems to have success already in the bag -- at least on their lung cancer biopsy offering.

The float is so small, and most shares are tightly held, so like today -- any sign of aggressive buying pushes it up nicely. insiders have been big buyers lately and they are already handsomely rewarded.

Tim