We can safely say that all the StopLoss @2.0 and 2.2 are all gone now that we went down to 1.9 and back.
It was a really good buy at open today @1.9
We should move back towards 2.6c into the new year and 3.1c in the first week of Jan.
Probably we should see some anns starting from 2nd week of Jan onwards.
If downside from here is 1.4, then upside from here is way beyond 3.9. What would you do?
On another note,
ATL1102 for MS should be reactivated now that we can do trials on human MS cells on a dish.
The issues that caused TEVA to give up due to timeframe (toxicology retrials period required but with competitors on its heels) may now be a non issue if the MS cells on a dish can be used fpr the toxicolgy tests. I hope the management of ANP and TEVA will look into this possibility.
Reactivation the partnership of ATL1102 for MS with TEVA alone would see worth north of 5c. Add that to ATL1103, ATL1101, the combined effect will be amazing to say the least.
2012 is a good year for Bio, and ANP will see the start of its best year ahead.
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