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Re: RealGenius post# 192

Tuesday, 03/11/2014 3:08:03 PM

Tuesday, March 11, 2014 3:08:03 PM

Post# of 1655
I'm not sure if it's really so much related to the fiscal losses because everyone expects that in these early-stage small-cap biotechs. I think the MAJOR issue is the fact that there are only 3 patients enrolled out of 388. They have a loooong way to go, and it's not happening very quickly. I think there is concern that their timeline to complete enrollment by end of 2015 is not likely to happen, unless enrollment picks up as all these centers start screening patients. There was a bearish article on Seeking Alpha that was good at elucidating a new possible timeline for enrollment.

I'm still long on this stock but realize it's going to be a long-term play!