It's good news for them. IMHO the stock has the chance to hit the $3++ mark in by the end to mid of August. They are waiting for interm data on their "SUCCESS" phase III trials. With today's news, trial results expected (and if I'm not mistaken if the results are decent they will get more money from Merck); it could be a big month or so for the stock. It traded above this level in April, so I dont' see any reason that it cant keep going up. I'm holding some August $2.50 Calls with the speculation that SUCCESS phase III trial results are postive. GL!![]()



LinkBack URL
About LinkBacks
Reply With Quote
