Oncolytics Biotech Inc T.ONC

Re up 50% last week or so….nice trend

[canadafan]

I agree ,westcoast. Nice uptick.
slow & steady, no major spikes. There was some chatter on another site, regarding shorting.
That could account for the mid day dip? More importantly the end of day recovery.
Yes, close to 50% upside since they announced the upcoming ASCO presentation.
It has been noted, being an oral presentation vs just an abstract poster, means something good in the wings.
There is no way, Onc would elevate a presentation of bad news.
since the ASCO updates are quite a few days away, what about the short term?
This Friday, they will be having Q1, conference call, 8:30 am.
They always preface that with an earlier N.R. 
Even minor updates after this run will sustain the run.
Looking at Onc investor presentation, they show timlines for CAR-t, as well as Bracelet updates, this quarter.
with  the Pancreatic data, soon after.
All said, they have a few irons in the fire.  FYI, assuming a similar climb,me could be very close to $3CDN, by this Friday.
ionically the first glimps we will get if the ASCO presentation, I believe is the 26th of this month?
That is a lot of 10% trading days!
I actually do hope a few try shorting. Will be fun to watch the other side when " good news" , moves the price uowards 50% in one day.
Some May recall the short squeeze Dec 2019.?
Was a blast. Price went from near $1, to just above $6....in 3 weeks.
I caution those who are new. Because of ONCs shareholder profiles the SP can swing wildly.
The recent 9%-10%/ day we have seen recently is certainly nice. However, very small potatoes.
As westcoast pointed out, the major markets down huge today. Yet Onc up!
Also, I have seen zero evidence of Oncy using the ATM.
Have a great healthy & safe week all.

[lonc17]

Canadafan makes a good point about the ATM. This would normally be a obvious opportunity for ONC to tap the ATM and rake in as much cash as possible.  I too have not seen evidence of ONC's ATM work during this mini run.  Nice.

[westcoast1000]

Ionc or CF, What are the indications you would look for to see the ATM, or the lack of it. I guess it has to do with transaction patterns? Any insight would be appreciated.

[lonc17]

There have been past situations when ONC teases positive news and the SP increases.  Nothing new here.  But many of those past events were also accompanied by massive spikes in the volume of shares traded. Millions, on some days.  I always wondered how it was possible for a stock with daily average of less than 100,000 shares to very suddenly and spontaneoulsy show millions of

[westcoast1000]

Thanks. That makes sense.