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Re: errett post# 6319

Tuesday, 12/25/2012 11:28:41 PM

Tuesday, December 25, 2012 11:28:41 PM

Post# of 16750
I was away from IHUB for several months but I'm quite confident Sia is as respected here as anywhere. He is THE person to follow for trial and data issues.

His reply to this "Biotech Sage" is spot on and should be screamed from the rooftops. Its worth re-reading several times; I learned or was reminded of something a couple times already.

I am personally certain that "BS" is simply a rather large short trying to escape his/her position.

But a reminder: nothing in biotech is absolutely certain and while I'm long, I've already taken basis+ out. Things go wrong and even though a long shot, data can simply be screwed up without it being a conspiracy. Look at PPHM (Peregrin) from a couple months ago as an example - their data was simply copied down wrong between arms and the company lost 75% of its value while they go back and try to figure out the correct data. IMO never bet the farm (just most of the cows).