Jan. 9 at 5:11 PM
$NRSN Schwab only allows closing positions via its online portal. Once it removes this restriction, the stock might climb even more. December effect was brutal, selling losing positions to reduce capital gains, but the January effect seems to apply here. It has been up 30% in just a week. Of course, the elephant in the room is around financing, and the partnership they have been talking about for over a year. We might never know why it did not materialize last Spring or Summer, but the company is still there and now expected to release data on Alzheimer later this quarter. How would positive data impact a potential partnership or other financing venue? Yesterday's news is positive but not enough to support a continuous rise of the SP. Now, if we can avoid being non-compliant with Nasdaq
$1 rule that would be great.
