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MBP 3.0¢

metabolic creeping up again

  1. ericbaume

    374 Posts.

    MBP is once more moving up on small volume but multiple trades as speculators take positions prior to the forthcoming clical trial announcement of their fat reducing compound.

    Assuming that the trial is positive in outcome, it will be interesting to see if the price can be maintained. In the past, it's been very much a matter of "buy the rumour sell the announcement". In my view however, as we get closer and closer to the critical phase III efficacy trials, the price will start to trend upwards as the probability of actually bringing what promises to be a most lucrative product to market increases.


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