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loanranger

05/28/16 8:19 PM

#121625 RE: arvitar #121624

I wouldn't have put it quite that way, but I think that sums it up nicely.

I was responding to a post that began with the phrase "Based on information from contacts with knowledge of NNVC". Turns out that the information was just the opinion of a third party, something that I wouldn't normally consider "information".

Maybe some astute analyst noted exactly what you unearthed:
"As noted by NNVC in the Jan 2016 Biotech Showcase concerning the lead Herpescide candidate:

May - July: Univ testing to select optimum candidate complete
August - Sept: TOX prep complete
Nov - Dec: TOX package complete
Dec - Feb: Human trials begin"

If that astute analyst's "knowledge of NNVC" included the fact that they had a tendency to publish schedules which tended to run late (if ever) I could absolutely picture them telling, or leading a willing listener to believe, that the probability of a price-moving favorable announcement within the next 3 months is less than 10% and within six months less than 25%. That would make sense and not really require that much astutitude.

OR said analyst could have had another basis altogether for their opinion. But the point is that it appears that the "information from contacts with knowledge of NNVC" was simply someone's opinion. I think you had a word for it.