Gentlemen and ladies: I'm sorry that you don't "see" the very clear opinion of the Ronin group (or the opinion they are attempting to make us believe). In MY OPINION, I have easily equated the many statements they made about the value of our PS Targeting as "worthless" = a "waste." As a reminder to you I have listed below SOME of the words they have used in their two letters to describe bavituximab.
clinical failure unsuccessful (repeatedly stated) disappointing results poor performance evidence against bavituximab is clear has not produced any statistically significant results failed clinical development squandering additional capital high risk clinical development profligate spending on risky clinical development it is questionable whether any further spending on its development is warranted must immediately cease all clinical development
As mentioned before, John Steinbeck wrote about people like this (giving their opinion of the value of your asset) in THE PEARL.