$TTOO Closing Price = $1.33; Forecast Price is $10+; Today, we continued to see fairly light volume of around 2 million shares. Someone tested the upside today with minuscule 0.5 million shares, which traded in 2 minutes (see chart). Heavy volume will send T2 Biosystems' stock price skyrocketing, even without any additional catalysts. However, we know John Sperzel, CEO, mentioned TWO CATALYSTS. He saidT2 Biosystems is trying to get cash flow from the government to further scale up its production (from 100,000 to 1,000,000 T2SARS-CoV-2 test panels per month). Also, he said, "I think people will be looking to how we delivered on that guidance during Q3, and our expectations for Q4." T2 Biosystems said it will report financial results for the third quarter of 2020 after market close on Wednesday, November 4, 2020, and its conference call begins at 4:30 p.m. Eastern Time. (877-407-9208 (U.S.) or 201-493-6784 (International) or t2biosystems.com/. Have a great weekend!
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