Three unrelated thoughts:
First: I believe INO trades on the Frankfurt exchange, and that is why some are trading before regular hours.
Second: I really hope that Cowen exercised and sold their options yesterday. Odds are slim that that is what happened, but announcing the next morning would sort of be payback for the hedgies dumping shares all at once after a pipe which has happened a couple times now.
Third: Remember this is just two indications out of *many* that INO is working on. I am not in a position to comment intelligently on how the numbers of the deal compare to other similar deals, but *if* they turn out to be on the low side, I am very much o.k. with that for a first deal that bolsters INO's profile and puts pressure on companies to step up quickly if they have their eyes on other elements of the pipeline.
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