UniCycive Therapeutics Inc (UNCY)

[Whalatane]

RMB. I was referring to the volume around the presentation on the 18Th
There was a large block purchase at the time of that presentation and then slow steady selling into the close on Friday .
I would have preferred constant buying into weeks close . It may have been just " risk off " due to over all market sell off.

One key thing from the presentation was the Ceo saying trial results in next few weeks . I read few weeks as 2-3 weeks where as originally I thought results not until after mid May ie 4-6 wks away.

I still hold a core position . May add more if market melts down next week .
The biotech spec funds I follow ... Vivo Capital , Nanathala , RA all have large positions in the Co and have not reduced them as far as I can tell.
I lean to wards the trial succeeding with patients accepting some minor AE's for the trade off of lower pill burden ....but it's really how much do I want to risk as failure will trash the stock
So there may be 3 X to the upside on good trial results and 80% to down side on trial failure .
For me it's how much of a loss I'm OK with if trial fails .......such is life investing in clinical trial outcomes

Kiwi