I agree. This seems the most sober and reasonable interpretation to me. Always a little less with the CCs. The 45 minute Q&A is partly because the technical failure of the last call, no?
Everything is speculation at this point but, what would be the purpose of Dr. Jay being on the call if all we are receiving is an update on when the analysis will be complete? I suppose having a united front or, simply that he’s been associated with most of the updates... Another question relates to the Dr. BP discussion with Dr. Yo being rescheduled until the 31st... What would be the purpose of rescheduling if not to discuss results from the trials?
He said it can take up to six weeks. You better believe they will file a shelf and raise capital before turning over that card. Hard to imagine they aren't in possession of MNPI while raising the capital. This may be what takes The Nader and BP down.
If your're right and with Longs sitting on the edge of their seats waiting for a home run, the market will view it as a disappoinment and behave accordingly. Stretching out the time line doesn't sit well with investors.