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Alias Born | 03/05/2014 |
Thursday, November 27, 2014 6:09:36 PM
Right now, you have invested in a company where the upside is huge, but the bureaucratic process of the FDA is slow at best, and something NH can't control. He wouldn't be going full-steam ahead if the talks went sour...and since the FDA never "saw anything like it" (I read as the two-bead solution a very elegant method that no one has thought of before) so they need time to evaluate. Anyone expecting the FDA would simply give a green light after a one-day meeting right on the spot is fooling themselves, and simply impatient. Not a single thing has changed. And frankly, if I were one of those who bought (as an investment, not a quick flip) in at .90, .80, .70 etc., given the FDA lag I might be selling now too to take the tax loss, and buy back in a month--which is likely what we are seeing. Personally, I'm down right now, but not huge, nor sweating the drop--you either believe what the data say and in the product(s) and management, or you don't and shouldn't bother with this. With the ongoing concern behind us, so is the fear of waking up one morning to see a NR saying bk. Time is definitely on our side.
Anyway, this was a long-winded response, whose real underlying purpose was to wish all a very Happy Thanksgiving--and such wishes not deleted by being off-topic. Best wishes and Happy Holiday to all!
Maz
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