How much firepower will Rett AVATAR Top line Results have? Enough to escape these low teens into higher teens or low 20s for good OR A temporary spike followed by a drop
Well I said the value of an interim peek would have been to get the stock back over $35 a share, so that if it tanked we would still be over $25 when the market tanked instead of $12.
But the Patient Ones poo-pooed that idea.
Now virtually all the big gain has been wiped out, and the market has only started to tank.
In the short-term I don't care if it goes up, down, or sideways. My main concern is that the Avatar results achieve all of their endpoints.
If it is successful, then it would strengthen (or should I say fully prove?) the MOA for the P2b/3 AD trial...which is worth at least $25 Billion to AVXL's market cap.
Now, what would an additional $25 billion MC do to AVXL's share price?