Jul. 8 at 6:51 PM
$PRFX and
$RGNT have more in common than many realize. Both companies share Dr. Ehud Geller as Chairman.
On June 8,
$RGNT released a commercial progress update. The stock traded around the
$1.25–1.30 area before eventually making a huge move over the following days, reaching as high as ~
$16.
Today,
$PRFX released what I believe is its strongest DeepSolar update yet: successful validation using real-world European market data, another step toward commercial launch.
I'm not saying history will repeat itself, but the similarities in the setup are interesting enough that I'm paying close attention.