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Re: The_Q post# 31732

Thursday, 06/04/2020 8:42:18 PM

Thursday, June 04, 2020 8:42:18 PM

Post# of 43784
I believe we will only hear something about the P3 data on a Friday if the data is bad. This would be timed as such to allow investors to take the news in stride and not completely freak out. Assuming the data is good, we will most likely receive the news pre-market on a Monday or Tuesday, or maybe in the last 30 min of trading with the stock on hold until after the announcement.

It may be that the company won't have the option to "time" the release of the news regardless of how the data turned out. I don't claim to know how these things work, but I did read here from someone that the company would have 72 hours to inform investors of the data after receiving it. If that is the case, and the company receives the data on a Tuesday, I guess we could maybe hear about it on a Friday. However, if the data is good, and the company CAN time it, they will not want to release it on a Friday. They will want to release good news at the beginning of the week, so that the share price has a blazing fire under it for the trading week, instead of smoldering coals that have been cooling for an entire weekend before trading can begin. Just my two cents...
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