Biotech Values

[BTH]

The one takeaway in this SRPT i got is this: reading tea leaves is for suckers.

If you read all the brilliant themes on Twitter about SRPT, you would have thought AA was a given because "a Board member is friends with Obama and Obama and this Board member met at a dinner which Woodcock attended etc.", and several other of these anecdotes. FDA members in photo opps with DMD moms etc etc.

I held a small position in this, and was surprised, but what can you do. It was never a given, it was always a gamble and i lost.