NBIX – If your assertion about the timing of the FDA meetings is correct (as I’m sure it is), I would say the company’s scheduling of the option re-pricing on Sep 26 makes the odds against good news from the FDA meetings overwhelming. This is as strong a harbinger of the outcome of an FDA meeting as I’ve seen in a long while.
By the way, I assume that top management will take care of itself too in due course. As you know, timing option grants to follow bad news is not a securities violation (although perhaps it ought to be). Regards, Dew
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”