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Re: greens12 post# 473

Tuesday, 08/08/2017 2:33:22 PM

Tuesday, August 08, 2017 2:33:22 PM

Post# of 1952
So I didn't want to put this in my other post, because sometimes they delete posts that they consider off topic. But I consider this on topic. If this recent price action worries you, I would encourage you to look at a stock that I consider similar, that recently went through the process. Pick any you choose. One that I followed closely that followed this pattern, was titan. You should look at the historical chart for how titan behaved, in the year leading up to phase 3 data, and the FDA approval decisions and delays. It will give you a great indication for why we are trading the way we are, and what to expect moving forward. Ignore what has happened since that other company's approval, it doesn't bear relevance to our situation. Glta and have a nice week. We are 70-85 days from data. It shall get bumpy. Patience is key. Find a good hobby to keep your mind busy as this passes, you will find yourself second guessing your decisions every time somebody drops the price on this one, especially as it gets closer to the real news... the data. Our float is so low, that nobody will be able to keep this baby down, if data is good. I feel almost certain on that. If data is good, they may decide to raise more money via ligand, and go it alone. That is best case scenario, imho. One can only hope. Seems like a lot of risk though, but ligand has deep pockets. And yes, they have a patent. And plenty of years left of patent protection, thankfully. If you google the compound name and 'patent' you can find the exact info quite easily.

Happy Tuesday
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