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Re: RockRat post# 119569

Saturday, 05/07/2011 5:13:45 PM

Saturday, May 07, 2011 5:13:45 PM

Post# of 257262

I keep telling myself, this thing is a buy under 8 bucks, but I fail to actually buy. And watching while that becomes true. 4th mouse gets the cheese?

IMHO, the market is pricing in hardly any chance of success for fostamatinib in Phase 3 and assigning very little value to the rest of RIGL's pipeline. We'll see if that ultimately proves to be a bit short-sighted. (I'm betting that it will though I haven't yet taken a position in RIGL again.)

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