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Wednesday, November 04, 2020 10:51:36 AM
Can any of those saying "bad news leaked" tell me what the possible, probably bad news should have been at this time?
There is nothing!
- Study halt due to suspected futility? No, we wouldn't have seen 9-fold increase in survival in the open label study, unless that was a criminal enterprise
- NeuroRX wants to go public. Javitt wouldn't risk his whole livelihood by getting in on a scam that would only benefit a third party - Relief. Relief is his contract partner!
- EUA refusal? That doesn't happen like this, criteria are "safe and may be effective". We got that. Even EUA refusal wouldn't be too bad as we could soon go for full approval
- Study continues after 102 patients? Unlikely, but so what? That should have been everyone's investment base case anyway
- Study halt due to serious adverse events? JJ told us just 2 weeks ago they had treated over 165 patients nationwide and hadn't seen any. Also, drug safety is already studied for decades and safety confirmed in writing by the FDA. Also, these events wouldn't occur just when the DSMC is scheduled to meet, they come at random times. So that's a no from me.
- The pandemic magically ended the day after the election? That's still the most likely bad news I can think of, but I don't see evidence for that happening. No.
- Big players wanting to get in just before good news happen, triggering stop loss cascade? That's a YES from me. Big YES. We've seen it before on August 26.
~ Money Making Money ~
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