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Re: Saltz post# 12759

Thursday, 03/23/2017 5:05:00 PM

Thursday, March 23, 2017 5:05:00 PM

Post# of 232153
Great post, Saltz! Thanks for being the voice of reason. Many people invest in biotechs for the big win, however they don't understand the business, and constantly lash out at management when things don't move along fast enough to make them rich quick. This is the wrong place to be investing their money if they're looking for a fast buck. The biotech sector is the most highly-regulated industry out there, and there are too many factors that determine the pace, including the CROs and FDA. I suspect we'll get a PR when they're ready to update us, and a not a minute sooner. Just because we haven't heard anything doesn't mean it's negative or they're hiding anything - it just means they're not there yet.
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