Wednesday, October 27, 2010 3:37:43 PM
My prediction/feeling is bad/neutral news after the close Friday, with good news Monday a.m. but that's just a guess. The biggest killer here is not even 'good news' or 'bad news' but, rather the extreme length of time for anything to occur... with continuous lengthening timelines.... for everything to getting the replacement for CX717--CX1739 to the "clinic ready" stage of filing an IND in the US for ADHD. The length of the RD trials, the length of the apnea trial, the length and non-completion of the Alzheimer's Trial, and so on.
Now, perhaps there are valid reasons for some of these, but, for whatever the reason, the timeline draws out to an extreme degree. Take for example the filing of the IND. I'm deeply skeptical that a speedy trial will/can be accomplished with ADHD. I wish I didn't feel that way, but I do. I think there's a spillover into the stock price which downplays any good news because of the view that this is the gang who cannot shoot straight/or is plagued by chronic bad luck of one form or another that draws out the timeline.
What would be good news: decent apnea results with a plan to quickly prove POC in ADHD with a deal or sale of the company. But they must find a way to speed up development. Even my stock excuse for Cortex with their cash situation, but that is not enough of an explanation.
Recent RSPI News
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