As for PLX's recent move up, very humbly i note with it showing fantastic results in all trials on both safety and efficacy, as well as the market size, and that they are filing for the BLA in coming days/weeks and have 1 of 3 Phase III clinical trials done with Bright due later this year, and at a present market cap of just 110 million, again very humbly I say "IT'S ABOUT TIME!!!" :)
On a more serious note, I hope this is simply appreciation of the clinical data going into the right circles with 'excitement' around a BLA submission. Subdued excitement if you ask me.
Hope it's not just a buy the rumour sell the news play as it seems was part of what happened on the day of the BRIDGE data topline output. But the extra 8K they put on on the same day as the BRIDGE data didn't help that's for sure. Looking forward to the earnings call and any analyst questions on time to completion of BRIGHT and BALANCE. I don't feel these should be impacted significantly by Covid.
As a wise man once said, 'Oil always floats on water'!
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