ER expectations

ALT has a tendency to rise 5 to 15% on ER. However, this time around I don't expect much positive price action. They have to come up with something new or unexpected for a huge rally to 15 or above. They have been silent for a long period, possibly because they are struggling to come up with something new or could be they are waiting for the right opportunity to spill out all positive news or maybe they know they have only negatives to share, so wait until they are forced to reveal it.

Its going to 4 or below if ER is just as usual, where Garg will just repeat the same points, partners are interested, best of class. They might even skip the obesity part, will claim they focusing only on Mash.

Expect them to speak about IND but I fear if it will be anything worthwhile.