I really don't know if the stock will rally around this as much as what may come in their two planned upcoming presentations on the 9th and 15th of this month. What people are waiting for is news on Mirasol. I believe the company would know precisely how many more events remain before the trial is unblinded, but unless it actually occurs prior to these presentations they can only say, we're getting very close.
Once the triggering event occurs, the question may be, how quickly is it possible to release a meaningful announcement on the success of the trial. All too often such releases must be weasel worded because results are subject to interpretation and different experts tend to interpret results differently. I believe that Mirasol will convince the regulators to give full approval, but those who're short the stock will almost certainly try to create doubt, no matter how good the data appears to be.
Frankly as long as news on many fronts continues to be good I don't see how we can end this year below double digits, and if everything is pointing toward another approval next year, I believe the $20's could be in play by the end of the year. Of course I was very wrong about what would happen after the Soraya based approval, so anything is possible, but I really believe that if they found the right securities lawyer our share have been manipulated for some time and a suit for spoofing, similar to what NWBO is doing, could be warranted. If a top flite securities attorney took the case on contingency, as they did at NWBO, I think you could bet that a payoff would be in the wind in the future. It just doesn't make any sense for us to be trading where we are today when compared with where we were a year or two ago.
Gary