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Re: FatCat_Banker post# 3802

Wednesday, 01/29/2014 11:41:40 AM

Wednesday, January 29, 2014 11:41:40 AM

Post# of 700556
I am not a trader going in and out, but I'd caution against seeing a continuation as a reentry point. For one, as you know, there may not be a continuation because the trial may be successful at the first interim. Perhaps new money can go in if there is a continuation. Second, Smith on stocks is clear that a German announcement may cause a DRAMATIC upswing in price, therefore, for instance, if a continuation was announced but it was concurrent with or immediately followed by an announcement on Germany, the best laid trader plans may be for not. IMHO GLTA


At the Oppenheimer conference in December, Linda Powers said that we should stay tuned for further information on approval in Germany for compassionate use (it is actually somewhat different than what we in the US think of as compassionate use). For various reasons I think that this will have a dramatically positive impact on the stock.

-- Larry Smith
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