Well, there is nothing there to concern me.
It sounds no different to views expressed here every day of the week from one part of the spectrum or another. No new insights, no additional rationale, just random opinion.
FWIW, if we have no significant news by ASCO, then I expect the price to take a bit of a hit in the short-term.
Mainly because of the 'if no news by ASCO, then I'm out' viewpoint.
And a dollop of self-fulfilling prediction, of course.
Swing traders, as opposed to day traders, will no doubt operate in an immediate post-ASCO no news environment, but I wouldn't expect anything else.
Wholesale, concerted shorting by a group of hedgefunds is unlikely, because topline could be announced in a humble PR a couple of weeks after ASCO, and blow them out of the water. They know that.
NWBO don't need to go after the worst kind of toxic financing right now. When and if they get to that point, that is when I would expect a real short attack.
I've given you a rationale for my opinion.
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