Don't expect much reaction to the KOL event We are nearly a half hour into trading and 242 shares of THTX have traded in four odd lot transactions - that is it! I am not sure how this is even possible. Based on the very low trading volume being seen in THTX, it is apparent there is little anticipation of this event. As such, I have to assume the company has thus far been unable to create any excitement about its NASH KOL, despite the assistance of LSA and Cantor. You may recall when they announced the move to general NASH, they had Loomba on the call and the call was scripted expertly, yet it fell flat because they had built no anticipation for the call and, indeed, surprised everyone with it. So, no one was listening and a great effort went to waste. Worse yet, it ultimately led to the ONO.
Are we setting up for a repeat of that situation? I sure hope not. Clearly, some effort is being made to promote the KOL this time but it is not clear THTX's NASH prospects have yet to capture any investor's attention.