Excellent point. I agree 100% it is not about the results. It is more trading psychology, profit taking and liquidity. Very few people understand how research and IP works and the commercial and strategic ramifications along that pathway.
As posted earlier, I think the largest gain will come from left field when people don't expect it. I don't think it is a long way off as some speculate. That's not how this generally works.
IHL Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held