I agree with the fact that it would be ludicrous for the company to release a PR saying results would be coming Monday if they were bad. But would just release them and hope its not a total disaster.
That being said I half expect the news to NOT be as good as we all hope for. Or I hope for.
And what I want or hope for is an FDA approval for Zoptarelin. I kind of expect the company to say results of the trial were positive and we are hopeful of an FDA approval and preparing to file an NDA and are moving forward and ready to launch "if" the FDA gives us the go ahead. And we expect to hear from the FDA soon.
Now why do I say this? First off we have seen nothing from this company to make any one believe they can truly GET IT DONE. And and this is a big and in my opinion. I have seen nothing from the FDA saying they have approved Zoptarelin. And I can't believe the FDA called the company and said we are going to give you the approval Monday morning. I just don't think thats how the FDA does it. And I am no expert on FDA protocol mind you, but I say this because I am signed up with there website and receive E mails from them 3 or 4 days a week as they approve drugs of all sorts for usage in many different areas. I have also done a search of there web site today and tonight and there are no results for Zoptarelin Doxorubicin, Zoptarelin, Zoptrex, Zoptrec. nothing. So I wonder why?
On the other side of the ledger, I wonder about the stock sale from yesterday First why would the company sell stock to raise capitol now if they are getting an approval and the price would be so much higher. And then I feel thats the only way they could sell it, is by making the buyer feel as though it was a lay up for profit and maybe the buyer wouldn't pay 8-10 or 20 because of the volatility that will likely come with that see saw of a ride we hope to be getting on. And the company is so desperate for additional cash to bring the products to market they have to do it. Also why would the buyer, buy now if results in 7-14 days from buying, would be negative and the stock may well go to a dollar causing the buyer to feel like they were duped by the company, which would make it virtually impossible to sell any more stock from this prospectus at a later date if they need to, (which the will).
Hows that for feed back from the dazed and confused investor trying to make heads or tails from this shit. Monday Monday what will happen
Good luck to us all