Thursday, May 05, 2016 11:31:51 AM
"As always Smith gets the science part right, but he is too old to catch the essence in investing. Now most people including him are mentally in darkness created by this dragged on lengthy halt for screening for additional patients, even the company has given the light on what will come following the twilight, a big sunny day ahead, when people in the total darkness, they cannot see the overall picture correctly, let alone quantitatively.
The quantity is $1.25 or $30 or even $300 in a few years or maybe sooner. If L is a success, everybody will rash to say that the stock is worthy of at least $30; then since the technology is validated, it will become much easy for its approval in other indications, a mere labeling things; then people will rash to say, $100 a piece is cheap. The same goes for D.
The point is most people are currently in their own darkness induced by the company of course that they cannot see there is a bright future.
On the other hand, no unions are strong, shorts or longs. The current seemingly strong union of short wolf pack will be broken readily and furiously on the various possibilities. When the time comes, these wolves will sell their wives for a change.
There is a word called dynamics, and it is changing at any moment.
Okay, take it or not: $1.25 loss or $30 gain? Is it still a problem, then do yourselves a favor and leave the biotech sector!"
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