ReneDif
Oct 22, 8:21 PM
$VKTX The next catalyst is the Q3 earnings call.
Hopefully, BL will come out of hiding and provide some clarity on the future strategy and plans for commercialization and/or a partnership.
It’s interesting that the corporate presentation has been updated to include “ongoing partnership discussions” for VK2809. Perhaps we’ll get some hints here that could also be interpreted in the context of VK2735 (one can always hope).
Sometime between November and January, we should hopefully get the Phase 1 amylin data.
Beyond that, it’s a waiting game until the summer, when we expect the Phase 3 readouts.
If we get some positive announcements, I don’t think it will take much to lift the stock significantly from current levels. And if partnership or M&A rumors start circulating, things could move very quickly.
But right now, the stock is plagued by short sellers and a degree of distrust in management’s decisions, combined with a lack of communication. That’s why we’re stuck at these levels.
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