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Re: pcrutch post# 146430

Wednesday, 08/01/2012 9:43:22 PM

Wednesday, August 01, 2012 9:43:22 PM

Post# of 257580

HALO—on BAX 2q12 call they said they expected a CRL soon…

Exactly right—that’s why I said “as expected” in the header of #msg-78090032.

It would appear that many HALO investors violated one of the fundamental tenets of biotech investing: learn what your company’s partner is saying about your company’s drugs and drug candidates.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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