BNO is breaking out this morning.
The last time it traded at 44c was back in Jan 08.
The last time it closed the week at 44c was about Jan 03!
They are in processof analysing their anti-anxiety drug results. Results must be due soon - it can't take that long to analyse a set of numbers to see if the experiment worked or not.
Judging from today's move and last thursday and friday's move, people are hopeful ??? that the results are good?
(Or have people been checking out BNO researchers' faces for smiles???)
The share price won't like it if the results are bad of course.
It will be awesome news if the results are strongly positive though - a new anxiety drug on market with few side effects.
Biotechs are so sexy when they get good results !!!
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