Iovance Biotherapeutics Inc (IOVA)

[GMH*]

I really do not know what more people were wanting from that call. I have been on a lot of biotech product launches and almost always, the ramp disappoints as people expect a higher on-boarding. This is one of the first times where I think the on-boarding significantly exceeded expectations. Discussions of other developments and EU/UK/Canada/Australia rollouts and new INDs were all quite positive. Only thing I can think of is the revenue miss of $0.7M vs expectation of $2.1M... simply HF algo trading. Really do not get this sell off. I will bet that Wayne adds to his holdings today... just a guess.