Wednesday, November 25, 2015 8:08:53 PM
Trial results are not impervious to false attacks. Can you imagine the BOD and investors for a biotech stating, "Ah Jeez, just let the shorts flood the airwaves with false attacks and lower how the public perceives us....we'll just nail em with significant results and that will undo all the damage, delay, expense and other crap they are throwing at us."
No, it is wise for NW to protect shareholders regardless if he knows whether we (might) have great results or not. Besides, the idea behind his Patient Investor Fund is that he invests in companies with great scientists and science, and his group can provide small biotech's business consulting and resources to successfully get from trial to commercialization.
Respect Risk. Conduct Your Own Due Diligence. Manage your assets wisely. Diversify.
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