The main point, as I read Falconer's post, is that not too much upwards movement in share price will occur until one of the planned trials produce unquestionably positive data.
Its a trivially obvious statement as you present it. If I recall correctly he implied that as an eventuality not a possibility. But, just so I don't have to finish reading it...I'll agree
Well, mostly agree...I suspect Missling will have some soothing words and data descriptions that could cause some volatility based on the old data in the mean time.