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Re: Puffer post# 62763

Thursday, 09/13/2012 12:01:02 PM

Thursday, September 13, 2012 12:01:02 PM

Post# of 146240
I did not say people should buy after phase 2 results. I said phase 2 results are a long way off, and there is plenty of time to buy before then. Most of the boosts in the stock price that you talk about (completing toxicity testing, phase 1 testing starting, phase 1 testing ending, phase 2 testing starting) will create precisely the sort of short term spike in the price we've just seen. After the eager beavers grab their shares the price starts drifting down again. Heck, even the first of these events (completion of toxicity testing) appears to be months away, so there's no pressing reason for a speculator to get in now rather than a week or a month from now.

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