Jcazz, no. it doesnt always. and it would depend on the type of news.
we are at the very beginning of what is probable to be a rare opportunity.
this one will likely be treated diff by market forces for a number of reasons.
'news events' or catalysts as you know will move the price.
this ONCOLIX company will likely have catalyst after catalyst.
currently on watch for an 8k filing confirming closure of a stock purchase agreement, or SPA. this will legally verify that ONCOLIX is in control of this clean shell with a very low share count. this will likely be the next catalyst.
already, directors from ONCOLIX are listed as directors of AEPP, as of about two days ago at OTCMarkets, which is where these shares are listed.
this is a big deal, and is practically confirmation of closing.
then, probable next catalyst will likely be favorable PHASE I TRIAL RESULTS. and that will be the game changer/zip changer/attitude changer.
I SUSPECT ONCOLIX ALREADY HAS THESE RESULTS WAITING IN THE WINGS, AND MAY ALSO BE IN TALKS WITH INDUSTRY PEOPLE/PARTNERS.
WITH THIS SHARE STRUCTURE, ITS THE TYPE NEWS THAT GETS YOU TO DOLLAR LAND. AND THE NASDAQ.
strap in tight.
