RE:RE:Oh well fun is over The stock's price should logically move higher since a reverse split signifies no actual change and there has been the following good news since then:
The TH-1902 trial has restarted
THTX has more cash than the Marathon loan terms require much earlier than expected
THTX went into a positive cash flow mode earlier than anticipated
Those are 3 big pieces of positive news, especially considering the risk of bankruptcy many seemed to be errantly presuming before that news.
So, if life were fair, THTX's stock price should recover to a level higher than before the reverse split. That could be as much as 100% upside from here. Logically, that is where it should be headed.
Wino115 wrote: Honestly, we knew a correction would have to come given the absolutely massive vols and triple-digit rise in the price. It was inevitable, but doesn't necessarily mean it's over and could be indegestion. Still only at $.50 pre consolidation, so way off. Will be volatile now for a while given what's happened.