We are too close for too many events/ fundamental changes in this company for much play in the pps. If it drops again it won't/shouldn't be past .48-49. The stock is catching up to where it should be in the .65-.70 range IMO
I don't think any fundamentals changed unless you consider fundamentals part and parcel with news. my opinion of why this ran today is two fold. 1) oncs has been trumpeting to the heavens that things would change come sept. acorn would restart and catalysts would be lined up like pacific ocean winter storms. 2) the company put out the pr about conferences and meetings they will be presenting at and everyone is assuming that hard numbers will be presented along with dating for next trials. there have been a lot of retail traders that have been on the sidelines while this whittled away. given 1 and 2 above, they're getting back in with a vengeance. I just don't know how many of them there are so will we continue tomorrow or not? we'll see.