Inovio Pharmaceuticals Inc (INO)

[mmrich1]

Just my opinion of course which I know is not very popular, the street, the market, is looking at INO from 30,000 feet they are not digging into the details like we are. They see a company with potential and so does Roche, BUT the deal with Roche says hey we think you have potential and are willing to take a bet on you because the risk reward structure of the deal is in Roche's favor. They are saying yes we are in but the 10 million up front show's hesitance and limited confidence. If they were confident in the future they would have given 150 million up front. The street is not stupid and reads into this. Your local Walmart does 10 million in business in a week. It's chicken feed money to make the deal legitimate. That being said I think INO continues to go up to about 3.00 and for now assuming no other news that's it for now. By the way Roche being a non American company also suggests no approval by the FDA does'nt mean no approval in Europe, get it.