money is FLOODING in to the BTK (biotech index). cygx has flushed out most of the speculative money that pushed it to $1.50 in march. we've got a great looking frying pan base with some bullish shadows. money is coming in to the sector and malcom wants his bonus.
i expect to see zero news until late november, early december. i expect to see another week quarterly report.
what's got me excited is the melanoma ssDNA findings/bird flu in vivo results from UTMB and potential synDNA sales in the 4th quarter or 1st quarter that are significant.
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