GREY:ATBPF - Post by User
Comment by
Jefferam1on Jan 08, 2018 9:59am
132 Views
Post# 27305095
RE:2 Questions
RE:2 Questions1. - I agree
2. - I believe I have mentioned this back in Sep/Oct. Stating people who are not already in would be in their best interest to wait till Dec or early Jan (I might of just said Dec expecting results sooner) because this very reason. The longer people wait to get in while having share price not go up significantly de-risks the investment. The trick will be timing. By now they must be on the last half of the trial. This is very encouraging that we have no news. However the one significant catalyst we all need is for positive results. Proof that ATB-346 prevents GI damage will be significant to ATE. Even though it is de-risking itself now, that's only a marginal effect compared to positive results.
Having a drug that is safe but not effective won't do us any good (which obviously we all know this).
So if we think for a sec that it doubled in value without any positive news, how many times will it increase with the positive news? 3x? 5x? 10x?
My best guess 3x because I'm trying to be conservative, but my hopes are for more.