Draw out the year long chart and check out the movement from Oct to Dec and then compare it to what we've just seen from April 17th to present. There are a lot of similarities, but also some key differences.
The spike in December when the PPS got up to almost $2.50....that was interday, that was December 11th and the high price for that day was $2.47, but it didn't last. In fact the PPS came crashing back all the way to $2.07.....so there's one big difference.
Plus back there was the excitement over the retiring of the loan thanks to the Hepa financing. But there was still the question of where the money would come from to get BETonMACE to top line results.
Finally that was with a year to go in the trial.....now we're down to six months.
Is this time different? I like the chances but anything is possible.