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Re: None

Monday, 05/20/2019 8:28:57 PM

Monday, May 20, 2019 8:28:57 PM

Post# of 21544
Institutional ownership, since it was brought up.

I've used AXSM as an example here since they put out their top line 2B results in depression (in January) when the share price had already tripled to 6 bucks after release as a guide for what I believe will happen to our share price. Bottomed just under 2 awaiting those results. Had a similar market cap, a little less institutional ownership than we had starting the year. Similar stage trial. Large audience for the drug. Potential fast tracking with additional smaller indications being sought. Has tapped their ATM for cash and raised money additionally as well...all the while expanding their market cap roughly 12 fold since results. Check out their institutional ownership during the quarter they announced results at the very beginning of. Now what do you think will happen to the share price here if we get the confirming results? If we fail, we know what happens. If we succeed here's a comparison I've been using for 5 months now. Spoiler alert: Institutions wait for the results to buy in big numbers in riskier indications oftentimes. Went from 12% to 47% in the same quarter.

https://fintel.io/so/us/axsm
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