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Monday, October 03, 2022 4:09:20 PM
As I recall folks were expecting good news at NYAS and the price rose in anticipation of that. The good news came but was turned into bad by a blogger who thinks cancer cures for some are no better than grapefruit juice. His negative commentary was about the original and previously proven, during the long course of this trial, ineffective primary outcome measure endpoint of PFS in immunotherapy trials.
Being excited about good news is normal while bloggers saying the base treatment for a cure to cancer is no better than grapefruit juice and then working an angle to trash the best results in any GBM trial in decades most likely isn’t unless maybe some type of incentive might be in play. Anticipation of good news or bad news brings folks to the table to place their bets so a 25% weekly run is likely at some point when significant news is expected. When are we expecting news by, end of year? Back that out 3 months and see if trading volume picks up. The November target makes it easier to start slow and build faster during the last week of October. If so, traders are coming to the table soon and some traders and investors are Bigger than others. Best wishes.
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