This is the most likely scenario. We've seen it a thousand times before. The only way this doesn't happen is if the IND is announced after a run up, then this thing will move and stay there.
makiff there could be some profit taking today but I wouldn't want to be one to take any profit.... They sell and you never know when the Kaboom is coming and this stock is gone and one would have to go chase it to get back in. I seriously don't think there would be many doing that ...they would be taking a chance. I could be wrong. The close will tell us