Thursday, May 08, 2025 12:18:11 PM
I have mentioned this before. The percentage of the dilution is always greatly exaggerated by the percentage in pps drop, by a large multiple. The only correlation is the direction.
Is that true on a long term basis?
By this time 9 years ago the stock had slid to about $2 on FDA hold, the blowup between with their only serious funder and the likely long road ahead to counter whatever happened in 2015. Since then the dilution has been 10 fold so the PPS has matched that.
One can of course chose time ranges either way to make it look different. But to just assert the effect is exagerated is an opinion is all.
And please don't bother with all the spin on how much better things are now. Back then the trial could have been a success as designed. It could have show a legit OS w/o resorting to comps created by counting ticks on a publish K/M chart (including ones certain longs here mock as being faked).
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