At this point, it foreshadows that a P3 will be needed.
I share that perception. I'm not interested in another multi-year adventure with AVXL in AD. I'm hanging here hoping for success in Rett. That would be enough for me to sustain my AVXL position.
I am reminded of a quote "The market can remain irrational longer than you can remain solvent."
If the company acted like it had compelling data to put in an NDA.. it wouldn't be $8 right now it would be at $20 or $30...like it was before it had any data.