RE:RE:Woth a second look, anyone new, should seeDon't get excited about the GOBLET poster tomorrow. The abstract is already available on the ASCO site. It's a simple introduction to the parameters of the trial. No safety data, no timeline, nothing.
But... shoud we get excited about the recent action on the share price?
Yes, ONC has been pumping the company with a ton of paid for advertisments disguised as "resarch reports" to lure naive investors. But they do this once or twice per year, so I'm used to it even if it makes them look desparate.
Yes, ONC has and ATM and all previous increases in trading volume within the past three years can be directly attributed to pumping the stock and selling into the market. Cannacord and LPC are experts at this deceptive practice, but ONC has to get the millions to pay Coffey from somewhere.
Could it be different this time??
Maybe! Primarily because we are so very close to the end of the Bracelet trial. ONC is in the perfect position for the announcement of a partnership or buyout. More so than at anytime in the company's history.
If we see a few trading days with 4 million plus share traded then I will be disappointed... this is evidence of the ATM pump in action.
If we see one or two weeks of steady increases in SP and slow rise in volumes the it could very well be the real deal this time.
Good luck everyone.
Might be an excellent time to gamble on a few thousand warrants. But remember, YOU NEED 9.5 WARRANTS TO ACQUIRE ONE SHARE OF ONC.