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kris_kade

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kris_kade

Re: dav1234 post# 156223

Thursday, 01/31/2013 4:41:05 PM

Thursday, January 31, 2013 4:41:05 PM

Post# of 252477
Reminds me of a company called Nuvelo years ago that bombed in P3 trial of their anticoaglant based on snake venom after a huge hype similar to CLSN. Dew might remember that fiasco.

Nuvelo's CEO Dr. Love touted high confidence of trial success sucking in lot of retail investors who lost their shirt. Lawsuit followed and few got a penny on a dollar including me.

I see similar events unfolding with Celsion (there is a lawsuit news today).

Lesson: Never trust a CEO who is over confident...lol
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