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MedResCollab

07/10/19 8:34 AM

#200729 RE: dmlcento #200727

dmlcento,

You have just committed another logical fallacy here (they are often connected in a string of fallacies). Here the fallacy is known as false dichotomy.

It is easy to commit these fallacies, and they are quite unconscious. It is hard work to remain objective about a matter we very much want to be true, such as, that REDUCE-IT is not materially confounded, that FDA will approve the sNDA on or before Sept 28, that there will be no AdComm because there are no "significant safety and/or efficacy questions" on REDUCE-IT, that their IP is a "rock solid fortress" that is impenetrable by ANDA filers, and they will likely settle with terms similar to TEVA, etc. etc.

Bias is powerful. Try telling someone in love with a person that is abusive to them that that person is abusive and the relationship should be ended. Watch them defend the person irrationally. There are many, many examples of denial, delusion, and bias. And it is very apparent amongst stock market participants. Because if they are wrong, they will lose money; if they are right, they will "get rich." Therefore, compulsively, they will attack counter-arguments to their "get rich" beliefs. Such as, "AMRN will be bought out for $199."

This is the primary reason we have instituted the company policy that no member of MRC may actively trade individual tickers.

Regards,
-MRC