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Friday, April 10, 2015 6:56:11 PM
IMO - the lack of significant institutional holding is because "everyone" is v=waiting for validation of BAVI - given what happened with the phase II NSCLC data and the controversy surrounding that. That validation will come either from an external partner, or more likely will have to come from the SUNRISE trial results. If the results are good, the price will take care of itself even with the existing BoD. If the results are negative, even having every CEO of the top 20 biotechs on the BoD will not help. At this point it is really as simple as that.
Everyone can bellyache till the cows come home and it isn't going to change this reality.
TGIF. Cheers.
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