yes, it's clear, this stock is hyped for the moment! This stock has gone up on no news, that's to say there were no substainable updates to mention. We're all updated untill now! Oh I forgot one! Florian's Homm announcement. In my believe Florians announcement has been the Trigger. The Sentiment did the rest. Sentiment and the "Old News" is not enough anymore to keep the SP in those high regions!
It's nice to know , to hear again for many times in a row, that the Future is bright for Clinuvel. Is that a good fundament? This time it has to be translated, translated into real Figures.
It has been but Clinuvel is in a different stage right now entering a different Phase. It's changing from an Upcoming Biotech company into a Grown-Up one! The Market is waiting for the Big Event this time later next month, PW's presentation. When I'm right we've to wait untill the end of February before PW will present us the Financials. Lots can happen in the mean while!
Sales in the USA? If we're lucky the FDA opens her doors by the end of this year. Sales perhaps starting summer 2019.
UK, Switserland/Italy they are not cooperating that good. We're hearing nothing for months already.
Germany, there are Insurance companies who compensate there patients others not.
Benelux, Holland is the only one who pays the price Clinuvel is asking, already from the beginning when the EMA gave approval! France, Spain, etc.
In other words PW still has lots to negotiate here in Europe that's a fact.
Yes, Clinuvel is making money already here in Europe but it still will be very, very fragil in my believe.
Next year February will be a better timing. Hopefully the negotiations with lots of Insurers here in Europe doesn't take that long anymore, has ended at that very moment. The longer it takes, the.......!
That's why in my believe this short uptrend wasn't substainable. "The so called "Bright Future" has to be translated into Real Figures this Time!
Figures/Prove first this time. Sentiment alone, that's not substainable anymore!. Most uptrends were based on Sentiment. February, D-Day.
I'm not surpriced the SP started the downtrend again, in seacrch of a new, hopefully higher, supportlevel. Begin february I foresee a new uptrend untill the upcoming event. Personal I don't think the salefigures will surprice me. There is a big change they still will be at the low end. As long as talks go on there will be no substainable income.
I will not be surprised if we see the low $7's again for the moment.
Good buying opportunity. "Go with the Flow". It's a pity this stock isn't easily to short when she is in her downtrend. most of the time the volumes are to low.
Salesnumbers that's what counts at the very moment!
AI
