$SRNE Last week, we lost about $1 from where we started on Monday and ended on Friday. There really was not much justification for the drop considering Sorrento only had good news to report throughout the week: 1. 7/20- FDA clearance to advance Abivertinib 2. Acquisition of SmartPharm We’ve had a decent run up the week before so I will assume this was a small healthy pull back. Expect to move up back into the 8s this week considering: 1. Dr. Ji will be speaking at the major CDC conference 2. WH emphasis on Therapeutics over vaccines 3. Overall positive market sentiment due to a new stimulus plan announcement on Monday 4 Pending news (doesn’t really count considering we don’t know this will be this week for sure but it’s possible) GLTA the longs. Fak all shorts
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