Tuesday, October 10, 2017 9:33:37 PM
Today's Ronin PR was very significant.
The PPS jumped today for (2) reasons:
1) Ronin revealed its knowledge that the anti-PS platform is actually VERY VERY valuable.
2) BOD candidates such as Mr. Egan are unlikely to agree to front for an antibody "placebo."
To wit:
Why mention his "deep understanding of antibodies"? I thought the IP was worthless. No, Ronin is sending a message. Anti-PS antibodies deserve VETERAN big-league attention.
Egan is working on Mabs NOW. He advises on "strategy." He will advise PPHM on "strategy." Why?
JamesGMS, you and I have talked about buyout potential with Gilead, Roche, Merck, et. al. Sometimes, such buyouts come in steps, not all at once. Ronin and big-league BOD'ers can attract the investment that preps the anti-PS platform for acquisition. In case you misplaced your calculator, a similar (too low?) $3.9 billion buyout would kick the PPS to $86.67.
Our current BOD has nothing even close to this experience. This EGAN guy has a ROLODEX.
Okaaaayyy....
________________________________________________________________
JamesGMS, the PPS jumped today because a main-line Biotech veteran said, "Yes, that position interests me. I'm in." THAT sends a serious message. A disturbance in The Force, if you will. I guarantee Wall Street stopped sipping its coffee for a moment, and looked over its outstretched WSJ.
Today a significant shift occurred. Why, oh why, would a big-league insider want to join PPHM?
We all know PPHM has nothing. Or do they?
Best Regards friend,
Joe Six-Pack
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