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Re: kfa670 post# 379772

Thursday, 05/20/2021 11:11:25 PM

Thursday, May 20, 2021 11:11:25 PM

Post# of 685945
I have no idea what they knew and what they did not know. What I do know is that people tend to badly underestimate how long things will take. They are also rewarded for optimism and rosy assessments. And because they are not the experts in this area, Linda and Les could easily have believed that the process would be much simpler than it turned out to be. However, they had to rely on the SAB, who had not seen the data as of when those announcement were made.

I think it is entirely possible that they truly believed that data lock was imminent and the announcement of TLD would soon follow. It is also entirely possible that that was not the case, I simply feel that it is a reasonable possibility, not a certainty. One possible explanation for the disconnected is given here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163891010

While some people believe that the long silence is evidence of bad news in the data and others are convinced it could only be good news, I can imagine either scenario being the case. I think that something in the data was not what they were expecting or prepared for and either it required additional explaining or presented them with opportunities they had not been counting on.
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