Without any positive news, it seems that the manipulators can confidently go about their way. Given that there have been a number of downgrades in swine flu cases/deaths, and that vaccines are not being taken up, the confidence in BTA has waned.
However, if HIN1 cases increase seasonally (as they did this year) or if the swine mutates, BTA will be in mainstream focus again; and it could be bad for those that didnt take up the vaccination program and for those that dont have some form of RELENZA.
The price appears to have some stability around the Wilson Analyst Report of $2.42 which forecasts earnings around the 130M. If BTA declares a royalty payment of somewhere around 40M, this will substantiate there forecast. Anything under will put pressure on the stock so we need to see that figure. Any positive news should then push it along. Patience or courage under fire will benefit anyone that holds stock should any of BTAs potential come out earlier.
abnormal behaviour, page-60
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