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Re: UHD post# 716

Sunday, 11/19/2017 10:06:00 PM

Sunday, November 19, 2017 10:06:00 PM

Post# of 824
All based on Frosts merger trends nothing to do with the science

Certainly a history of failure - or success - is a reasonable omen for the future. I say "omen" because it is impossible to quantify IMO.

As a once well-known example, the now immortal baseball manager Casey Stengel during the peak of the reign of the NY Yankees was claimed to be the most-fired major league baseball manager ever before the Yankees hired him.

Failure is far more common than success in scientific advancement. The most successful investor in biotech fails often and SVON is already an example. SVON was formed from the remains of very "successful" GMO developments that could not be sold of the rampant superstition and the orihinal SVON with its humanized cow antibodies that were supposed to be far superior to the Creator's human antibodies that could get into the crooks and crannies. The new Eloxx, assuming the merger occurs, will get little but a bit of cash and a smattering of other assets.

Frost has become the most successful biotech investor ever not because he seldom fails like Warren Buffett but because he fails less often than others. smile

As I see it, the current SVON is a cheap moonshot most likely to fail.

JMO.

Best, Terry
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