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jckrdu

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jckrdu

Re: None

Wednesday, 09/19/2018 11:20:59 AM

Wednesday, September 19, 2018 11:20:59 AM

Post# of 108191
PPS starting to show some support build at .80 ish.

Selling pressure - Heaviest selling pressure after offering seems to have wound down.

Buying pressure - Not a lot of new buying pressure from tutes or retail as IMO the lack of clarity on path forward for AXAL/Cervical is keeping many on the sidelines.

I still like risk/reward at current levels, because...

If KB announces deal for AXAL/Cervical, pps will rally.
IF KB announces wind-down of AXAL/Cervical, that news will most likely be released in conjunction with other major positive news, based on KB's prior announcements.
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