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Alias Born | 05/06/2012 |
Tuesday, April 08, 2014 4:23:26 PM
Are you kidding me? Happy Halloween! Follow the PR trail.
The CEO has investors scared sh!tless.
She looks incompetent, desperate or just plain dishonest,
take your pick. This whole back and forth with AF
is a disaster for investor confidence and the stock price.
Failure to address direct criticisms made by AF are
obvious to smart investors. If you are going to respond to
somebody like that, you better make it good and to the point.
Then too...is the fact that we have an "expanded" trial,
right in the middle of the ongoing review...a review, you
may remember, that many true believers would result in a "halt"
based on the existing data. So we have a play-on opinion
based on safety, no word on efficacy, and an expanded trial
whose endpoints are in question and for which the review process
appears to be back to step 1. I am short on this, and really
glad too. Made good money on this one when things looked
promising. It is now a long shot in my book, with some form
of approval likely, but with "blockbuster" designation
completely out of bounds.
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