Conatus Pharmaceuticals Inc. (CNAT)

[fishhunter]

We are now anywhere from 5 weeks to 18 weeks away from the next Ph2 results. My guess is results in November so about 9 to 13 weeks from now.

Perhaps we are getting close enough for the stock to take it up a notch or two going in to the report-out.

I also expect that if the results are positive that Novartis will simply buy the entire company as that will save them a ton of money in the long run. I would guess a price of about $40 per share (EV of a little over $1bil) if that happens. Fun to think about.