The last 2 to 3 weeks has seen a lot of off screen cappers come in to hold it below 12c. Yesterday, for whatever reason ( Amgen news or results due soon) those lines were blown away. The weekly shows yesterdays close the highest since June 2018. The shorter term pattern suggest this may have momentum to now push through past 15, but it may be a slow process.
Tailwinds, and sector interest are on PTX side at present. A break of 15c, could take this to around 25c, and the mkt cap would still be under $200m. In the world of potential cancer breakthroughs, this is chump change
The last 2 to 3 weeks has seen a lot of off screen cappers come...
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