Normally I'd tend to agree with that but I do find it very strange that this flood of sellers would appear immediately after the first good news we've seen in a very long time. Only explanation that fits this being normal selling would be some large holder that was expecting better news and is unloading. Even then I wouldn't think you'd do it now unless you knew bad news coming. Doubt that's the case so I do think this is something out of ordinary. As far as management being on vacation I'd think that would make price go up and how would you know if THIS management was on vacation anyway?
C'mon LadyLuck, this ain't fair --> "management is on vacation in Orlando and not focusing on producing results."
Looking at the past year or two I'd say they've been working hard: 1) They got the GMC facility set up, approved, and up and running.
2) They set up a dozen clinical trial sites so far and got the AML trial up and running.
3) They put together the successful application for the $13.1mil grant they got from the Cancer Prevention and Research Institute of Texas (these grants are peer-reviewed and highly competitive, and putting the grant together takes a LOT more time than one might imagine).
4) They made huge refinements in T Cell production process that resulted in better T Cell Phenotype and better cancer cell recognition compared to the old Baylor College production process they used in the past (slide 32-34)
5) Refined and improved the pep mix for the Pancreatic trial - which along with the refined T Cell production method might make a significant difference in the outcome of this trial over the original PI.
I'm probably forgetting something . . .
Also, I doubt they'd be in Orlando. More like Las Vegas, putting it all on BLACK . . . over . . . and over . . . and over again . . . while singing Steely Dan's,"Show biz Kids"
"Show biz kids making movies of themselves, You know they don't give a funk about anybody else (goin' to Lost Wages, Lost Wages, going to Lost Wages . . .)"
News 
Market Data 
Discover 
