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Re: BiotechInvestor90210 post# 3654

Wednesday, 04/30/2014 10:39:53 AM

Wednesday, April 30, 2014 10:39:53 AM

Post# of 6939
SYN: IMO, Was a combination of events - all leading to mass confusion and spin by the company and yes, not meeting all endpoints.

they did well on the 12 month, but missed on the 24 month. The reasons for that could be many.

They didn't halt the stock at 3:45ish yesterday, just dropped the news with 10 mins or less in the stock day. Why the heck do you put it out at 10 mins left? I read some suggestions that it was the Dr. from UCLA's study that had been going on for years, so they wanted to let her present it all, and her presentation was at that time. Yeah, whatever. You could have still PR'd earlier in the day and let her still look like the Queen of it all.

Then the PR was worded as positive data, when in fact although it may be positive in their minds, it wasn't in the market's eyes. They left out the "meeting primary endpoints" and additional data in the PR from what I read. The 12 month looked good. From a patient standpoint, I'd take it. From a market standpoint, that's a different idea I guess.

Waiting game for now. We'll see if panic subsides and if it starts to look attractive again, or if peeps have said "enough is enough" and moved on.

These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.

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