RE:RE:RE:RE:corner turningThanks for the update....particularly about NASH.
There is a lot of excitement in that space so may be some type of catalyst as I previously mentioned.
bfw
SPCEO1 wrote: I spoke with the CFO today and he was as upbeat as the corporate presentation was, so maybe the stock will be able to stay above its moving average this time. It sounds like they did have a good set of meetings with investors at the Piper confernece. I also asked about the remergance of the NASH study in the presentation and he said they have not yet figured out what they will do with that info if it is good data but there are a number of options. So, much to my surprise, we may have another positive catalyst for the stock come February or whenever the data gets released and the company lets us know how they are going to use it. Also, they thought the Bloomberg data they used (which is the number of vials sold) was close enough to relaity to be able to put it in their presentations. So, I will start focusing on that data (he said the other Bloomberg data was not as accurate). I think the corner has been turned.
juniper88 wrote: Today TH went above the 50 day sma. This is the third time since the downturn started about 6 months ago. The previous 2 times were followed by further selling. So,TH needs to hold above this level for at least a week and then start an upward trend. Then we'll have confirmation of the corner being turned.