Originally Posted by
senecacaptain
stock going higher means a lot of people are buying. nothing more. it will crash 150% if the non-human tested-yet study fails
todays companies use carefully worded press statements to remain clear of SEC's gunsites. to include a disclaimer at the end.
lots of legalese in the press release:
shows potential
expects
could potentially
will likely be
initial tests
strong canditate
Press release was issued by the company themselves, and shotgunned to all media outlets. Local San Diego paper picked up the story about the local San Diego company.
stock is up
https://investors.sorrentotherapeuti...node/11241/pdf
Yes, there's an art to that game, but it was still a bold move... confident or risky, one of the two.
National media picked it up as well.