MELA – Building on your comments, I find it notable that the plug in today’s Barron’s mentions the test’s specificity but not its sensitivity.
Seasoned biotech investors know that a diagnostic for the general public isn’t worth a dime unless both the sensitivity and the specificity are sky-high.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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