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Re: Gulfbreeze post# 6143

Thursday, 07/17/2014 8:52:49 PM

Thursday, July 17, 2014 8:52:49 PM

Post# of 9929
I am man haha .. I'm pretty young and have a decent amount of money tied up in it.. Also know a bit about the pharma industry and I'm less than thrilled with the path this has taken towards approval so far. The MOA of the drug is genius and results are revolutionary, however a lot of seemingly minor set backs and (IMO) missteps have landed us where we are. I'm worried that in the near term we don't have much catalyst to move upwards and pps will steady decline until major news.


Hopefully all that AF nonsense is behind us and the company will not set themselves up for another huge sell off by setting unrealistic approval expectations. If it does rally i will sell most of my position if we get past 2.20 in the next 6 - 12 months. I will hold a small core for the long run but I would not be surprised if they complete phase 3 and the FDA still drags their feet. Hopefully this is not the case but w/o big pharma lobbyists and money, it has been and will continue to be difficult for such a novel drug to be approved, which is why they prolly shouldn't have gone for advanced approval/ BTD and just done phase 3 a long time ago after phase 2 was completed when they had a lot more cash. I believe in the drug but the FDA does not always do the right thing.. All IMO but that's why I'm worried.
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