Matt:
"We're feeling very optimistic about these studies, but I can also say I haven't the biggest (vaguest?) idea what the data is. It will report out in mid August, so wait for that. We have talked about those dates. They've been pretty much setting stone for quite a long time now. They don't seem to be moving. And when we have the data, we'll (we're?) not going to sit on it, we will release this very (as) quickly as humanly possible."
Imagine trying to time a cover on this stock. Matt's comment should scare the hell out of the committed shorts. Out of one side of his mouth he says mid-August. The next comment is telling us the company will not sit on the results. My read is if the results are ready to release a week early they will. Since the company spokesperson says mid-August is etched in stone it may represent a trap for traders trying to time their trades.
Swing