Biotech Values

[poorgradstudent]

NVGN:

>Why the heck has the share price been rising?<

Well, the enrollment situation appears to be precipitated by their inclusion criteria rather than finances. So the enrollment went really slow, which helped create the financial squeeze that in turned forced their hand to cut enrollment.

As for the share price jump, it seems to be loosely correlated with the ex-CEOs comments. Notice that he's basically selling a "we'll still succeed" storyline.

We'll see... i'm curious.