Replies to post #40621 on Pluristem Therapeutics Inc (PSTI)

[Thunderforce1]

I sold most of what I have but kept about a thousand shares ,I think they will get there eventually but they should not have started off with CLI , it should have been something that is easy to prove . Like hair restoration , it either works or it don't you can see the difference lol .

[jaime9_2000]

zzaatt, to say "it did not work out" is a huge understatement.

Many of us long term shareholders had followed the company's progress of its CLI therapy for several years. We endured numerous delays and other disappointments related to other projects. We hung in there because we were under the impression that the phase 3 results would be highly favorable. We finally thought our patience was about to be rewarded. Wednesday's PR was a gut punch. Not only did the Phase 3 trial fail, but the company announced that it was terminating the trial and shifting its resources to other indications. Just like that, forget about our CLI treatment.

Going forward, I believe PSTI will have a huge credibility problem. I can't envision any big financial institutions or funds wanting to invest much money in PSTI. Borrowing money may also be a problem.

[hopester]

ZZatt- Usually I'm a fan but we need to be realistic.
This failure follows another disappointment including BARDA. No update on the Thermo Fisher deal either. Where's that going with this failure. Further ; their Covid work is being strung out so far that at least 2 vaccines and perhaps others ( J&J ) will have innoculated half the world before anything is known about PSTI's treatment.
CLI was a huge set back for placenta cells. It was counted on heavily by investors and the company. The significance of that
weighs heavily on the prospects for success in other indications.
I'm afraid we've been set back for a very long long time. You might say our status is now relegated to a "start up". Like any conceptual bio.

[Scott999]

Follow the scientists!!! Follow the scientists!!! LMAO. 3 fails...irrelevant...always the next indication. Sounds like something management would say. Or just bought way way way too many shares in a penny stock. 200k at $20...ouch!!! Lmao. Still ok with management? LMAOx200k