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Thursday, November 12, 2020 8:47:48 PM
But it should be noted that, while devastating, a perfect storm is developing with a peak hitting around data results announcement.
Could set off a buying frenzy itself. I expect (bias alert!) to see north of $1 before data release.
Decidedly positive data will be a "fuel the rocket scenario". Remember the sister hit nearly $3/share (although better share structure, I think), with absolutely Zero substance.
Marginal efficacy will result in a slightly over-baked-in price and will see a "sell the news" scenario.
Poor results... well I prefer to not even discuss that scenario.
Good luck to the Algernaut's!
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