But it is nice to see a little move to the upside.  It is up from the mid to high .40 range only couple days ago, on low but increasing volume.

 

volume the last 3 days prior to yesterday were  280K, 271K, 338K,  Yesterday was still low but jumped to 677K and increased in price by .08 (17%)  Today only a little over 30 minutes into the day the volume is 495K up .055 (10%).

 

The last 2 days are the first sign of a reversal of the bottom.  The stock has increased 31.6% in a little over a day. 

 

I hope there is something happening behind the scenes that is driving the share price.  It would be nice to see an abstract posted for ASGCT or ASCO that indicated the company had some positive data to discuss. ASCO late breakers were due on 3/16 and the site says they will notify companies of abstracts on 3/31.  Could have received that information early.  Maybe the company has a late breaker for the patient data at ASCO.  That is a longshot but it is possible or they were selected for an oral presentation at ASCO.  Probably not the reason as the price remains low.  A late breaker would move the stock.  Late Breakers are always significant data.  But the likelihood of a late breaker is low.  It would need to be very good data on more than 1 patient.  But if patient 3 had a CR and patient 4 and 5 look like they are doing well it is possible.  Very unlikely.

 

HC Wainwright holds their conference in Late May just prior to ASCO.  Last years conference was May 23 - 26th.  So a similar date this year will be around the time the abstract titles are released.  But that is a long way out.

 

There doesn't seem to be a lot happening in the next 30 days.  But in April things should begin to happen.  Hopefully good news will start to flow.