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Saturday, July 06, 2024 8:54:55 AM
There was surely a bunch of accumulation before this EM fear week and during the past week as fear set in and sell off happened. It is illogical that they want or would allow this to go to EM as it would eliminate most liquidity which is the lifeblood of a stock market and entity looking to fund forward. And those accumulating surely believe it is not a singificant matter and believe in the strength of the pipeline of drugs they have!
I am going to bet most of this is related to them doing exactly what they said they were doing. Looking to re-structure to enable individual funding channels for the drug pipeline. OSA is already on a path in Australia. SCI has DOD funding. Epilepsy and Pain drug is in my opinion the crown jewel and the CEO stated 4-5 months ago looking to open purse strings while finishing up with NIH. If one reads the last 10-q last year, they have had these efforts in the works a long time.
I got some popcorn and going to avoid the hoopla and noise of this past week. Hoping all will begin to be revealed and the drug development paths are set in motion. Way undervalued here.
Recent RSPI News
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