Without material news patience by a few holders quickly melts. NEU, like almost all biotechs is news driven Full Stop. It rightly/ethically/legally takes time to create and run trials; people's health and lives are at stake; it's not Maccas rolling out a new shaped french fry and seeing where the chips fall (although the research there must be mind boggling).
However, there's still sentiment, and that swings with the wind -- or is it, "in the wind" when bearish?" With Biotech being nobody's darling that compouds, with no news, NEU's steady state since 4-7 December. Not down, not up, which is not nothing; see charts on a whack of ASX biotechs where trends slope down.
From a US macro sector overview,and a measured timeline, with pointers to that light at the tunnel's end:
http://www.bnn.ca/Video/player.aspx?vid=841872
OV
PS Regarding the TBI Date, time and a solid reason given here by aj:
End April.
The trial was fully closed off on clinicaltrials on 21 Mar and in the past it's taken a month from close-off to the results ann.
PPS Should have just read ajostu and saved much time, thanks.
PPPS Note the snowy slush out the window, in April, yikes.
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