Post by
SPCEO1 on Jun 16, 2021 10:43am
Wow! THTX is way off the radar screen of investors
It is really quite a remarkable thing that is happening with THTX. More than a hour into trading a few days before a webinar that could contain some very important news on their very intriguing cancer drug and only 3,800 shares have traded on NASDAQ?
I think we can safely say that whatever efforts the company and LSA have made to create some excitement around the webinar on Monday have failed. Either that or the market has been able to somehow figure out there will be nothing of real interst said on Monday.
The concern is even if they have something important to say on Monday, no one other than us die-hard fans will hear it. And, therefore, it will not get properly reflected int he price of the shares.
THTX seems to be doing the appropriate things to draw attention to the stock and the webinar, but if trading volume is a good indication about investor excitement surrounding a stock, there is none regarding THTX. Which makes so little sense given that the cancer opportunity should be something that generates investor excitement. It excited the FDA enough to give them Fast Track status before trials even started and it excited cancer-investing specialist Soleus enough to make it their second largest holding. It is hard to understand why that excitement seems to end with those two entities.
Comment by
qwerty22 on Jun 16, 2021 11:34am
Do webinars generate volume? A genuine question. If it was organized late May/early June then there is a perfect scenario where it's organized based on meaningful data. But how much do you believe in perfect scenarios? I think it's probably best understood as an introduction to the cancer program. It's an invitation to listen rather than a reason to buy.