Post by
Doccole on Nov 03, 2021 2:06pm
Catalyst
What catalysts will help this stock grow? Insider buys bumped it, now back to stagnant. Thoughts?
Comment by
Doccole on Nov 03, 2021 5:17pm
I don't know mugs, lots of those potential catalysts seem far away. In you opinion, when would the fast track application be applied for?
Comment by
MrMugsy on Nov 03, 2021 6:24pm
From what I've read, you can apply anytime. Not sure if it only applies to the review of the data after Phase 3 or if it gives you some priority at other points as well. Maybe someone can answer that. I think 1, 2, 4 and 5 can happen at any time - IMO. The others are likely out 6 plus months. These are just armchair guess as per your question though.
Comment by
Doccole on Nov 03, 2021 8:37pm
You are right, thanks for the thoughts. I am hoping for excitement here. Hopefully the crew will wow us with something. It would be nice to get the mc moving.
Comment by
Daydream2 on Nov 04, 2021 7:52am
There's plenty of insider buy in right now, there's a catalyst.
Comment by
MrMugsy on Nov 04, 2021 11:49am
Well said Daydream. It can be a catalyst. Hoping it doesn't just peter out as buying comes to an end. I think we need some material things to drive analyst's projections. The insider buying may help colour analyst's opinions ... but ... something material is what will change sentiment. IMO
Comment by
Jefnan1 on Nov 04, 2021 1:51pm
The total insider buying amounts to less than $200k. It is nothing to get excited about. If the board would allow the company to buy back $1 million worth of shares would be a big indication that they believe there is value
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