The company was very clear that it would be making no further announcements regarding the "Options" study until the outcome of the recent trials is released in March 2007. We can assume that if there is a trading halt in the meantime, it will be driven by something other than the outcome of the "Options" trials of AOD9604.
Between now and March, there is plenty of time to buy and sell this stock. I would assume that most folks would want to accumulate the shares from here, to play the bet that the trial would be successful - a bet that has the potential for a huge payoff. That's sure the bet I'm making, although I've pretty much completed accumulating shares to my target.
But, as the last several days' trading has proven, there are many sellers in the market - and there will continue to be. And good for that, too, for without sellers where would we buyers go for our shares?
For those of us betting on the up side, the next two and a half to three months are going to be tense; exhilarating sometimes, and frustrating at other times. While there will be big up days, I'm certain, there will be times that the market will seem to be telling us we're very wrong, and sellers will be dominant.
Who knows where this will end? With the big payday or the rubbish bin?
I do know this much: if these trials just ended prove to have been successful, this is going to be a very tough stock to buy the day after the report is released.
All of this is just one man's opinion. For what it's worth.
The company was very clear that it would be making no further...
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