Wednesday, October 24, 2012 10:35:38 AM
I respectfully disagree with your potential catalysts. If interim data for 2nd line NSCLC MOS (by all accounts here a very hard data set to screw up) is somehow invalidated in a double blind gold standard randomized multi center trial, what reason would the investment community have to pour funds into PPHM when other less rigorous trials report interim data?
IMO, there are only two catalysts that will help a sustained movement upward in PPS.
1. They need to, once again, state the ATM will be turned off.
2. The data needs to be re-reported for 2nd line NSCLC in an irrefutable way and the data needs to still be good.
Unless those happen, I seriously doubt the PPS will rise for more than a day or two on any news before sinking back down. It's the old, fool me once, fool me twice saying and I don't think the market will take their word for anything interim in the other trials until this goof is cleared up.
I'm still long via Jan and April calls, but waiting to buy my shares back until one or both of those catalysts happen.
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