If you are basing your bearish case on what the street.com is spewing, then you are a deep do do. How the hell do you think stocks go up other then more and more people hearing about the story? By far the weakest bearish argument I have heard is that current story should be priced in when you are talking about a small company. ONXX, is a very small company, not many eyes have been on it before, now the eyes have been multiplied. ONXX float is so small, one favorable mention in Fortune, Wall Street Journal, IBD, any other of the national mags, not top mention other analyst joining in with a STRONG BUY, will cause the stock to move higher in the blink of an eye.
Greg
p.s. What to look for down the road. Taken from the news story you posted, thanks by the way. <<Moreover, the results presented this week demonstrate that the route of administration is not limited to direct intratumoral injection, but may also be safely administered in other ways.''>> Meaning IV. |
