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Re: GMA13 post# 32754

Sunday, 01/29/2023 7:44:32 PM

Sunday, January 29, 2023 7:44:32 PM

Post# of 34625
Let me try again.

Management can be blamed for their development decisions. That I can go with. (Blame the board too for going along with the decisions.) However, I think they made the calls they did based on the information they had at the time. In retrospect, going after Active AML first was a mistake. Pushing the new process and having tiny active numbers because of safety lead-ins probably a mistake. Pushing the new process and not getting data for the remission group by now was a mistake (phantom pushes this one - I get it.) They are waiting to get dealt an ace with few cards and one hasn't come.

But it has nothing to do with whether they are crooked or provide inside info or don't disclose or PR enough or are just milking investors money to pay themselves or whatever. The data just sucks, relative to what the market would like. Or if I'm being kind, it's ambiguous. That's the problem.

If someone wants to blame them, blame them for their development plan decisions and then let's discuss the merits of the plan going forward (in light of cash needs).

I don't have the time or energy right now to give you a thoughtful, well-articulated response. This is a one time, let it rip response. Take it for what it's worth.
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