Thursday, March 05, 2020 9:07:37 AM
1) Linda decided it's time to lock and unblind data;
2) In anticipation of negotiation with Merck, etc., she raised $4 million just as a cushion, and at the same time "rewarding" some "friendlies for the last time at this cheap price. She can no longer do it if she know data is positive in the future;
3) Made that ASM announcement just before or after data lock;
4) Linda might have known the data is positive. Any attempt of substantial price appreciation needed to be quenched in order to protect what's in ongoing, making sure the public have no hint of already unblinded positive data, thus pouring cold water whenever possible to share price appreciation, meaning selling more shares to the market;
5) As usual as long as Linda selling shares, nobody will deduce there is any good news and will be any good news in the near future, and the message boards would still be full of clogged nonsense;
6) There is now leeway on whether to hold the meeting or not, whether to hold it in the usual place or a lot fancy ball room, etc.;
7) Then it comes the unexpected unavoidable rude awakening to those who deserve it, like shorts, flippers, the pitiful who have never bought any shares but screaming fire every day, etc.
True longs laugh all the way to the bank!
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