Outlook Therapeutics Inc (OTLK)

[pfelgueiras]

OTLK my view of what's happening to the OTLK price after Phase 3 excellent results:

a) Yesterday with the excellent news from OTLK Phase 3 results, Day Traders they bought in anticipation of high price rise

b) Institutional, as they had small positions (only 9.28% Yahoo Finance), went in the opposite direction with large volumes and doing short selling to avoid price increases and to be able to buy at bargain prices.

c) Price decline caused day trades need to close their open buy positions to minimize losses.

On OTLK Press Release August 3, 2021:

OTLK announced positive clinical and highly statistically significant top-line results, both the primary and key secondary endpoints in NORSE TWO with highly significant clinically relevant results, we have achieved the requirements agreed upon with the FDA.

The successful completion of this trial is the final step needed in our clinical evaluation of ONS-5010 to enable us to submit a Biologics License Application to the FDA.

I am long term investor on OTLK 1 or 2 Years and I believe in the huge potential of OTLK for BIG Profits. I AGREE Market is making a mistake!

I don't Sell I Keep Hold ALL of my OTLK shares.