RE:I sold the gap up.I agree with you 100%.
From my perspective, while today’s news was great, all it says it they have the POTENTIAL to grow more product. This news on its own, shouldn’t drive the SP up significantly. What would Drive it up is news on a MOU that SELLS this extra volume.
Until we get a clearer picture on ACTUAL sales (not potential grow volumes), I expect the SP to hover in the $4 to $5 range.
What would my day is an announcement that Big Pharma is buying them out at $10/share in cash. That would certainly move it!
GLTA,
Marc24