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The approach (using charts) is one way to do it, and if it works for you, fine!
But wouldn't you say that the alternative approach, one that is based on the probability that the upside is massive (if let's say we get an approval for CLI), if one believes that the probability of that is pretty high (as I do) then, in that case, accumulating as much as as you can NOW, and not worrying about short term fluctuations, is equally reasonable?
And, if it does work out, wouldn't you end up with more shares at a lower price, and a greater ROI? That's my working hypothesis. It's a gamble, but the odds are pretty good (my personal opinion!). No way you can remove all uncertainty in investing, not even with charts.
Spideyboy, thanks for reiterating and expanding on the points I've been making this morning. The superiority of PLX-R18 is clear and obvious (if you look at the publicly available information). I hope the details and the gravitas you added will be persuasive (but I doubt it!)
Hi Mikems, thanks for the link.
It's always good to see references to Pluristem. I think our "fame" will increase when PLX-PAD is approved for CLI, and PLX-R18 for radiation sickness (in many areas, not just military).
Thanks Saraceno! EOM
From Dr. Karine Kleinhaus' Blog, Jun 19 2018
(I guess the "market" does not read Dr. Kleinhaus' blog!)
Pluristem just announced top-line results from a Phase II study of PLX-PAD in the treatment of intermittent claudication, a less severe form of peripheral artery disease.
The Phase II study showed that PLX-PAD cells reduced the incidence of revascularization and improved patients’ mobility. In those who received the optimal PLX-PAD regimen, at 52 weeks the improvement in maximal walking distance from baseline was 42% better (p=.043) versus the placebo group.
The need for vascular surgery was eliminated through week 65 in patients who received the optimal dosing regimen.
This was a fairly large study, with 172 patients treated in 28 sites in the U.S., Germany, South Korea, and Israel.
Efficacy data validated the key elements of the protocol for the ongoing multinational Phase III study in CLI including the number of cells per dose, dual dosing, and sourcing each of the two doses from different placentas.
The optimal dosing regimen in the Phase II study in IC is the same regimen used in the Phase III CLI trial and bodes very well for the pivotal study.
Regulators are eager for an innovative new therapy to address this severe unmet need and have selected PLX-PAD for rapid regulatory pathways in the U.S., Europe and Japan. The U.S. FDA has also approved the use of PLX-PAD in CLI through its Expanded Access Program, for patients who do not qualify for Pluristem’s Phase III CLI study. When 12 months of data are available on the first 50% of patients in this trial, European regulators may allow for interim results to be evaluated in support of early conditional marketing approval under the EMA’s Conditional Marketing Authorization program.
Our valuation today is about 140 million dollars.
The market for CLI is very likely multiple billions.
Think about the effect on Pluristem's MC. We only
need to get to 2.8 billion dollars for a 20 bagger.
Eminently possible! Even if there's some dilution
along the way, and some profit sharing with partners.