Lafont, a receptionist or a mail man walking through the office would know if PPHM was getting a lot of phone calls. PPHM already told investors during CCs that they are getting lots of interest in their tech. Up to 1000 a day sounds like a way of saying something like the phone is ringing off the hook. It would be nice if that is the case.
The pre split volume equivalent of today's trading works out to just under 4.4 million shares but the pre split pps rise is only about 6 cents. It seems that much volume might have delivered a bigger pps rise. The trend of today's trading was a slow but steady up trend, not a break out. That is two days of similar uptrend trading in a row, following news. That appears different than how PPHM has traded after news in the past. It should be interesting to watch how trading continues into ASCO.
Another noteworthy point is that the pps closed above the pre split price basis ($0.75) at which PPHM had placed 30 million shares. Afterwards, PPHM switched to doing their at the market placements.
Best wishes and IMO.
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