Biota is experiencing strong steady buying, smells strongly of institution accumulation rather than speculation of old... PC will sure be happy.
What's causing the strength? Perhaps "pre-index" accumulation or expectations of large royalties later this month. Personally I think it's the long time coming revaluation of LANI or Laninamivir. With discussions probably well underway news around the quantum of the deal is sure to lie within BTA, DS and potential partners.
I still believe we're in the midst of a biotech "wonder spike", something which happens rarely but simply amazing to watch let alone be part of.
I ain't selling a single share till I see the contract signed for LANI ROW.
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