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DewDiligence

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DewDiligence

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Re: DewDiligence post# 158716

Wednesday, 04/17/2013 9:01:37 PM

Wednesday, April 17, 2013 9:01:37 PM

Post# of 257449
EXAS—Results of DeeP-C study tomorrow morning with CC at 7:30am ET:

http://finance.yahoo.com/news/exact-sciences-schedules-announcement-call-224500983.html

This is truly a binary event. An unqualified success in this study probably leads to a new SoC for colorectal-cancer screening; on the other hand, the stock’s $600M enterprise value has a long way to fall if the data are less than stellar.

IMO, no inference should be drawn one way or the other from the company’s decision to announce the results tomorrow morning rather than now.

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

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