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Re: biomanbaba post# 422

Friday, 09/16/2011 1:41:02 PM

Friday, September 16, 2011 1:41:02 PM

Post# of 16750
At R&R, MT said unlikely with both futility and success at interim, I think that kickstarted the downdraft. Plus, there were an awful lot of people who don't follow it too closely, and last they;d heard the interim results were expected by end of Sept. So now that it's kicked back to Q4 and they won't even confirm the 190th has been hit ... I think those investors are simply tired of waiting and want to put their money somewhere hot until it gets closer.

That is one reason I'm livid about them not even confirming 190... they are not being too transparent right now and in biotech you need to be able to trust mgmt. I'm fine with waiting a little while longer, but after all the enrollment estimates they missed, you'd think they could be a little tighter on the timeframes now.