Yes. Generally the big investors wait for the dust to settle before taking a position (or increasing their position).
In fact, some might even take a few days.
Positive news even if very preliminary.
The subtext is that "if it looks like killing cancer at Stage 1 dose levels - what will it do when it reaches MAX dose?"
Of course, they are being very careful not to say that.
Ann: Phase 1 CF33 VAXINIA Study Update - Positive Early Signals, page-75
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