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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: JMarcus who wrote (720)11/19/1999 7:29:00 AM
From: BRAVEHEART  Read Replies (1) | Respond to of 1494
 
Hi Marc,

No way. The current accumulation pattern is by your second tier group of investors. A more conservative group. One which waits till Big Pharma or a Major investor has taken a position. Someone who essentially evaluates potential & creates investor confidence.

The recent $4 million was one third the company. That's a "MAJOR" position. Note the 300,000 share day. Right Institutional Investors.

Next up should be the clinical trial results. More confidence. Then a Major Pharmaceutical Collaboration. More Confidence. Initiation of P-III trials. More Confidence. Relisting with NASDAQ. Even more confidence.

With the right market conditions $6+ is not out of the question after these almost certain market events transpire. Of course this is my interpretation. But a lot of money is pouring in that general direction.

So to answer your question...No...A spike is almost a certainty...say $1.5 above the then trading value. This is contingent on current market conditions. Also on the twist of the news. If data is coupled with a collaboration higher valuations are a certainty. Just clinical results might fizzel a bit more.

Realize the results are expected. A "MAJOR" collaboration is not for the most part. Then again stocks are rallying that much on next to nothing.

BEST WISHES
Jeffrey