Some increased volume today, have we got genuine interest or is there something more afoot.
No doubt Janssen will have the biggest impact on uptake of PromarkerD and definitely have the clout. There may be an increased positioning in the stock before the June conference as positive results will spike the SP. Knowing the results both companies would be working towards their respective overall implementation plan, lots would be happening during this time. Icing on the cake would be some some type of monetised deal.
Unfortunately anything unrelated to Covid19 would be taking a back seat adding to delays. Good to see PIQ in this space albeit at a very early stage, it's unknown how long coronavirus and related viruses will be around. It may present another opportunity.
Overall negative market sentiment will affect the SP from time to time but eventually an all-important global product will be rewarded.
Not forgetting the other areas PIQ is addressing.
PIQ Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
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