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kld2

01/23/17 4:07 PM

#88535 RE: bas2020 #88532

Thanks for the response.7

In fact, I never did buy that argument. Though you might be right, if there is money to be made in promising biotechs, there will be money to invest. I think if Baker Brothers, for example. Once Ph2/3 starts, we might see an increase in tute participation.
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k9uwa

01/23/17 6:20 PM

#88550 RE: bas2020 #88532

"Most institutions have guidelines of not investing in a startup biotech until its drug is, at least, into Phase 3 "

Tell that to the 1,000,000 additional shares purchased during the last quarter to these Institutions.
yes that list is a Net increase of 1M shares.
https://fintel.io/so/us/avxl

Current total of the institution list is 4.66 M shares. So the 1M increase this last quarter is a significant percentage increase.

John k9uwa