'real' results just may (repeat may) be only a matter of days away. That is if they can pull Phase 2 type results out of a Phase 1 trial - a big ask, but the only ask that will see the SP gap to a floor comparable with the temporary spikes we saw earlier this year. Those two spikes on significant volume occurred for a reason, which may (once again, may) have had more behind it than manipulative hype driven trading. This trading combined with the many 'breadcrumbs' that have been observed at and from that time, give realistic hope that a big ann re the Phase 1 is possible.
Should this not eventuate, then I agree that 2021 would loom as a likely timeline for the possibility of any major re-rate.
They have set the expectation, now will they deliver?
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'real' results just may (repeat may) be only a matter of days...
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