Why would we fall again? When an actual update is released giving appropriate guidance as to what we are looking at.
This is the sort of reaction a non science trained investor or not very researched investor may make if not given any guidance along with interim results from a small trial. Especially if released the way it was i.e. a leak along with the "leaker" saying this looks bad so I sold. But you can't sell cause I told you too late, you have to wait until Monday.
These are not bad results, there should have been no sell down in the first place not on these. We know Tali Detect is being developed. And not our main product. Teach is and teach is proven salable and scalable. I think todays reaction is a demonstration of how easy it is to manipulate people and how little some investors understand what it is they are actually investing in.
People are happy to do their regular jobs, doing thousands of hows work to make thousands of dollars pay. But when comes the stock market a big group want to do minutes of work to make thousands of dollars pay. While relying on others research, following the crowd and not doing the ground work to understand what the company they have invested in fully does.
This will bounce back hard IMO, massive buying opportunity. The scientists behind the company will be scratching their heads at this response to this data. But it should not have come to market like this.
At best this guy has been mistakenly put on an email list he is clearly not meant to be on and used this fact solely to his own advantage. Needs to be investigated and removed from the internal email list.
But the results themselves IMO, they are fine, at this point in time they are very promising. We will have a suite of products in Detect worked out soon enough where all work at highest level of certainty almost all the time.
Remember this tests are being done on individual little humans. All tests of anything will never work on all the humans all the time. Thats the difference between humans and robots. Thats why we need fixing at times we are not machines, we are all fallible and variable.
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