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Post# of 252696
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DewDiligence

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Re: willyw post# 241055

Monday, 01/03/2022 5:50:41 PM

Monday, January 03, 2022 5:50:41 PM

Post# of 252696

PRDS—…it's a hedge, but also a means of forcing myself to better track ENTA competition.

There are a few other companies who are trying to improve on PFE’s Paxlovid. For ENTA longs, buying PRDS as a hedge seems reasonable, but I’m disinclined to pay more than the $10 the institutional shareholders paid in the recent $75M raise, so I’m staying on the sidelines for now.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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