IFU, maybe we all should get a decoder ring. Many things go into "initiating" a trial, and they are probably well into the process. After reviewing the 12/10 release, it is clear they did not imply that they would "dose" the first patient by EOY. Others on this board would be more knowledgable than me, but logic says initiation is more complex than any single date. If we read all of the latest information, investors have much to be enthuistic about. Have faith in the over abundance of big league collaborations and the spread of the PS story. 212 degrees is not far off. Statements and facts will always mean different things to different people.
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