Outlook Therapeutics Inc (OTLK)

[thermo]

Expecting to spend time with mgmt next week. Don't expect anything new but I'll let you know if there is. Until the FDA meeting, I think the company can't tell us more than what they have.

How am I feeling about this? Disappointed in myself for misjudging but I can't color any future judgements with negative emotion. So, the simple answer is I am data dependent. If FDA feedback convinces me there's a pathway to approval, I will add to my position. How much will depend on price. The company has significant reputational damage and a need for capital, so the price should be low. I wouldn't be surprised if I increase my position substantially (3x+) under the right terms. But there are scenarios where I sell and move on. Those involve the inability to solve the capital problem.