Some profit taking- yes it all about what the quarterly contains- I am expecting to see more sales as a HUGE positive...
And YES advanced talks with majors will be included. I have no idea how the market will take the quarterly and profit guidence still impossible to gauge. I hope for some of this in regards to Mercks especially.
As Geoff mentioned some product sales guidence may come in later months- it has now been a couple of months... so maybe a little early for Mercks. Yet for Bangs the smaller of the 2- it is time to give guidence. I do not expect a huge sum yet a couple of mil would be beautiful from Bangs.
Biotechs are painfully slow... yet the time will come to rerate the Coy again. Will it be now- I doubt it but hope so. A few others putting their 5c hope on some positive news also.
Will be interesting- guidence or no sales guidence. I have recommended they attempt to get product sales targets from Mercks and Bangs. Yet time will tell.
Cheers Jay
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