That’s right. The momentum usually continues. A rapidly increasing stock price automatically gathers pace as people read about it, hear about it from friends and also want to get in to make a quick buck. If the SP hadn’t done much for a while even when significant news drops it will be the SHs and those who understand it that get the opportunity to jump in and not only buy quickly but also their buying should increase the SP sufficient for the rest of market to take notice.
Such good news today for the patients, their families and for SHs but the market says “ho…hum”. There is still more time for the market to join when the action starts which IMO starts with the HEALEY trial recruitment. However I wonder how much the SP could increase between then till results announcement closer to CY Q4 next year unless their is a licensing or partnership news.
No advice. Just my pondering.
NUZ Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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