Volatile today, even for MSB, down 2% then up 1.6% and then back down again, and it's not over yet.
I guess this relates to uncertaintly about the report tomorrow (gentlemen place your bets!)
Cash should not be a surprise to the market, that information is in market due to quarterly updates already announced. The SP change will depend on any update on their indications - its getting to the end of 2013 so will be interested to see if the reiterate if trial is to commence this year. See them squirm! It would be funny if we weren't on the receiving end.
Similarly diabetes II interim results and final disk repair results will be key. Hoping for good news but they usually don't hesitate getting this out to the market so fearing the worst. Good luck all holders.
Good news is they have $300m in the bank and some of the best talent in the business so if your going to take wild risk on a biotech why not this one?!
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Volatile today, even for MSB, down 2% then up 1.6% and then back...
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