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Re: Glider549 post# 1798

Thursday, 08/15/2019 12:14:18 PM

Thursday, August 15, 2019 12:14:18 PM

Post# of 2676
Just as dh said, we'll be getting the results for the BELIEVE trial (for DEE) in September. I'd like to think the stock will rise in anticipation of potential good news. Maybe the last week of August we'll start to see some real upward momentum.

Thinking about it now, maybe this explains why the last two months have seen us drop down from 15/16. The company said all along (if I recall correctly) that results for this trial would be in the 3rd quarter. I'm guessing that many investors took that to mean July. The stock moved higher in anticipation, and then fell off when it didn't happen. If I'm right about that, then we could see a move back to that level very soon. Sure would be nice to go into September with a $15 share price.
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