InvestorsHub Logo
Post# of 253274
Next 10
Followers 91
Posts 17883
Boards Moderated 0
Alias Born 09/06/2006

Re: corpstrat post# 60270

Wednesday, 03/12/2008 11:23:53 AM

Wednesday, March 12, 2008 11:23:53 AM

Post# of 253274
Clark shot down that logic fairly hard over on the DNDN board.

The key is that the probability of success at the final has DECREASED.

The reason is this. The final look has less events. In THEORY this cancels the increased alpha. So the final should have the same chance of success.

But THEORY here uses a constant risk assumption. Not valid with Provenge. The Provenge curves show a late seperation. This means that late events help provenge more than early events.

Thus, in reality the power of the final has been reduced.

I really doubt you need to name names smile
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.