My assessment of the current situation is cruel, funny, dumb but understandable as I continually see people bail out at this low price and see no fundamental changes of the company (go back to read all those sec filings).
Nothing changes except price ebbing; nothing changes except pessimism which takes control; nothing changes except people bail out.
Nothing changes except the current macro environment is still unfavorable to biotech companies in general; nothing changes except shorts have some more days enjoying paper profit.
Neil Woodford probably signed an NDA while "our existing investors," the usual shorts were most likely aware of no materials, the public not known information when they signed the recent financing deal.
Definitely, we will come out with some kind of approval if it is not comprehensive in scale, at least it will be to the scale that CLDX would have claimed success (as a matter of fact, it failed) in terms of treatable patient population.
NWBO was probably and has been "hijacked" by FDA for the good of everybody at the end though continually "blinding" or depleting the company and the general public of any update or news until there is a decision. Linda is too demanding, sciences advance too fast, FDA is annoyed, FDA takes full control of the course, at end, data will have a definite say. The fat lady will sing!
What on earth can you expect LP to tell you as the only responsibility of hers regarding the L trial seems only to make sure the staff involved in the trial to get paid, the information or new information asked by FDA to get filed and submitted.
If you have guts, buy as a drunken sailor; if not, stay away from computers or bail the fk out!
Com'on, people IT IS $1.39 VERSUS $30, $60, OR EVEN $100!
You need a steel will or go take a vacation, or relief yourselves by selling.
I have been in similar situations too many times, jazz when it was trading at $1, DNDN when it was trading at around $5, VNDA, when it was trading around $1, ARNA when it was trading around $1, HZNP when it was trading at $1.5, PATH when it was trading around $1... when almost nobody said any thing good about these companies, when the rumors ran high about imminent bankruptcy! Similar things happens now as I saw people bail out instead they should just buy, buy and buy...
Com'on, people, I really hate to see the pessimism once again take over when what we actually see is the end, the very happy ending is just in horizon!
Com'on, $1.38 loss or $30 dollar gain, you choose.
At such a test time, I have only those people to thank for: patients for participating in the trial, and the shorts for making it possible for my growing share counts!
While I am positive about the outcome, I also have a contingency plan: If L fails, I expect share price could temporarily be halved, I will buy half the numbers of my current holding at that price, and waiting for a while to unload half of my total holding and wait out with the rest half for L to be used in HE program, and D to be tested and successful in one or two indications!
Please, go back to reading those SEC files or just reading my posts in this board, please. You will find truth!
BTW, Linda is not a crook though a difficult lady to deal with!
No reply doesn't mean I agree with your opinion! So don't expect I will bite!
AI
