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JJM760

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JJM760

Re: None

Wednesday, 01/12/2011 12:02:53 PM

Wednesday, January 12, 2011 12:02:53 PM

Post# of 80490
Thanks 2da

Some posters here felt that the pps action pre-Succeed announcement should be a good indication of the outcome. I guess the thought being that the good news would be known prior to the announcement. Well the announcement is due anytime now and the pps has moved up considerably. So here are my questions:

1- Does the pps strength given the eminent announcement give any clue as to the outcome? (IMO the answer is no)

2- Shouldn't the pps have pulled back recently given the whole "bio-run up" trading strategy that permeates micro-biotechs? It certainly has had every chance to back up in the recent consolidation range. (IMO the answer is yes)

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