There is no turning this thing around. It is so much in the hole. I had seen another biotech go bankrupt, then another company buy the rights to the investigational agent at a fraction of the cost. How much money has gone into this thing? Where does it stand? It is nowhere closer to anything. Will take years still, won't it? They would still need additional trials, right? Do we really want to hold our breath for years?
I thought India could hold things over while we wait but they put out pr like what half a year a go that it would be soon? And then no news. Why? Because there is none. It is a dead end. I sold 99% of my holding to pursue other options. Turns out that was the right way to proceed. I have had better luck with the pot stocks. The pot stocks, hah. Really. This is a joke where they are laughing at the investors. I don't like being the butt of a joke so I have opted out.
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