Saturday, September 26, 2020 8:20:16 AM
Some have got the words via phone or email indicating the company will announce data lock, of course the hard data lock, aka the final data lock, while in prerecorded presentation and other information strongly suggest topline data in later the month of September.
Even the "later in the month of September" itself in a complete sentence is ambiguity in hindsight.
The point has always been and still is today that the company, though confident in positive outcome of the trial, has only this chance to get it right to show its worth, and it cannot afford to mess it up. And if the company has two winning cards, it should not rash to announce one card while messed up with the other.
From the repeated goal post moving in the past to today's intentional ambiguity in the timing of topline data, the company has been very transparent actually and consistent. So it is a bit of worrisome that so many investors have been surprised by Les's unfortunate prerecorded bar show, let alone complaining and screaming afterwards. If there is one thing the company needs to change its behavior, that would be to ban Les from ever appearing in such unfortunate show. Grow up and prepare for big-time prime TV show instead!
The ultimate goals of the company and ours are the same: to first successfully conclude the Phase 3 DCVax-L trial for GMB with at least good enough results for regulatory approvals in four countries, and second to bring the then concept-approved DCVax platform into full capacity to treat all operable and inoperable solid tumors.
Then how come the repeated overreaction because of too many flippant flip flops. During such periods, unfortunately some have fell for the prey of the greedy wall street/stock market. After all, what really is the significant difference between a few pennies/dimes' advantage in share price and a share price which will be $5 or more in a short term from within several weeks to a month or two if you would?
Next time, calm down boys and girls! No shaken up, take advantage if such situation repeats to add in your positions if you want more in your portfolio. Let the naked short wolfpack and other agitators pay the costly price in the end.
Remember the company needs a wiggle room, which is for the good of all us investors, and most importantly for the future patients.
It is those who play with fire will get burned.
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