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Re: Buy this now????????????????????? TY. NealBuy now/ Depends on your outlook,pocket book & time lnes. A few guiding facts. ONCY has traded historical volumes last 6 days,. Some days ore than 2.5 million shares which is alsmost 10% of float. Could be a lot of trades back & forth with day traders getting excited over a few dimes? Reality many of the trades were blocks of 67K or more. SOLTI prelimanry results are due out this week. With a presentation by from Dr. Pratt in barcelonan spain. the 3 patient safety run-in ,was better than expected. Should this weeks results come close to or better, the price wil be trading in mutiples of dollars not dimes. Conversely, should SOLTI be a bust, then price will tank big time. The only reason IMHO ONC is not much higher is the "risk" of not knowing this weeks science resutls & the long histroy of let downs. On its own merrit, the various collaboration they have with Merck, Pfizer et.al. the price should be higher. So buy more? I certianly wuld not be selling now. Shorting could be a disaster. the updisde is $10s of $/Ps. Downside ..well we have seen that before. The ratio is much in favor of buying/holding. Bottom line, by Friday of this coming week, there will be happy share holders or sad shareholders. That simple. |
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Msg # | Subject | Author | Recs | Date Posted |
1052 | Re: Buy this now????????????????????? TY. Neal | DaveAu | 1 | 11/3/2019 10:04:33 AM |