RE:RE:RE:Roller coaster today with TLTFFNemo3 said
Yeah, personally I don't think this stock is going much higher in the shorter term. The FDA announcement we await might be good for a small pop but the real rise will be when they start announcing 6 month results with a significant amount of patients. That won't be till late next summer. Holding and hoping this will be the answer for many with NMIBC
I disagree. Though December may be a hold em month with a possible small appreciation the new year will be different. Firstly there are trial locations yet to be announced in Canada. Then the FDA IND approval hopefully in January with US trial location announcements then as well. There may be several immediately. Theralase has hired a company to seek out and organise the trial locations so my thinking is they will be ready for announcement as soon as the IND is approved. In the new year is always a new investment year. There are tax loss sellers getting back in, New investors, small cap institutions possibly, TSFA Canadian $5000 maximum deposit, RSP and IRA deposits as well. There may be surprise trial results no one expected as well.
I'm looking at 2020 early to be a dynamic price appreciation. Remember the near term SP prediction is 80 cents.