selling
Unfortunately TLT has such a terrible track record for oscillating in price that most people know that this happens regularly. The key is that it happens whenever there is an information gap:
- in the past month there was the mild anticipaton of ASCO and the return of RDW. That held some back from selling in case of good PR from those.
Now we are back to an information gap where no one as any idea if anything is going to happen for a while.
- RDW CEO return is unknown
- AUA is a bit further away and everyone is assuming that it will be similar data to ASCO ( I disagree. Suspect AUA will include the newest data set)
- no one know the money situation
- no info about any concrete effort on the JV side of things.
- nothing concrete on IND for the IV version of TLD-1433.
- rumours about yet another PP.
This is the perfect info void for the usual price run down.
Note to RDW (who follows this board daily) any information clarity is appreciated.
On the plus side, if there is any surprise good PR in the next few weeks, every single seller today will be trying to get back in and may not be able to do so easily. But who knows, TLT is a tough stock to hold and believe in.