That’s my general investing philosophy too, but I’ve made an exception with ADXS because: they are well-funded and reasonably disciplined in expense control (#msg-127726151); all of the programs are based on a shared technology platform; and there are partnerships with AMGN, AZN, and MRK to confer some validation for what ADXS is doing.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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