Seelos Therapeutics Inc (SEEL)

[DavenCT]

I guess this pretty much proves that most of Denner's prior results were of the 'rising tide lifts all boats' kind. You can get away with that for only so long- and then the market eats you alive. It's almost funny, trying to figure out what Pascoe's 'Plan B' is. (As if he knows.)

With the remaining cash, complete the RayVa study asap. How hard could this be? It's a topical cream that either works or it doesn't. Slather it on, wait 30 minutes, take an infra-red picture. Done. Either the colors show increased blood flow or they don't. We don't need to wait 6 months or longer for that. (Of course, Pascoe would, he collects a freakin' jackpot everytime he gets paid- he'd want to drag this out as long as possible, since he will never get a real job again in this business.)

I've owned small biotechs before this, but this one has to go down as my singular worst selection in 45 years of investing. How in hell isn't it possible to perfect this 'room-temperature-device in the last three years?
You could crowd-source the design and have a prototype in 48 hours if they really wanted to. I think the only desire this board has is to collect a paycheck, nothing more. The folks that sold Fem to us must be acting like the used car salesman that finally unloaded the clunker for a great price. Oh well, let's see how this plays out. It's just entertainment value from here on out. "It's the Pascoe & Clowns Biotech Parade of Excuses Show!"...