Interesting- you dedicate a large % of your time to a company/ trial with only a 1% chance of approval. I feel that you must be a well adjusted, successful adult. :)
BS, both of you have said zero chance for sooo long it’s ridiculous. Now you think market pps already factors in approval when you and others have spent over a decade beating it to a pulp.
Got news for you, the PPS does not already reflect ultimate approval nor does it factor in what comes before and after that. Imo.
He also said that approval is already priced in. In the market, something being “baked in” means that the market in general expects that to happen so already has the MC adjusted accordingly.
So LC has given two options here.
1) 10% chance of approval means if the market has it priced correctly it’s going to $7+ on approval.
2) Approval is already priced in which means the market expects approval is a given.
So is it 10% chance or is it priced in? Can’t be both. Not how the market works.
Thanks to ex and LC for their posts. I've tried to average 10 share buys for Ex and 1 for LC. Tomorrow I've got another 900 shares to add for my 241k position. Suppose I'll have to move some more $ for next weeks nonsense. Keep it up guys your doing great:)
Fudster-extraordinaire predicting approval like fudster-delusion. The fudster has zero credibility in being right about predictions. His batting average of 100% is probably unmatched. The fudster has been reduced to a side-kick while fudster-delusion is on a tear with his sleep-inducing posts. Zero understanding of published trial data. How can the fudster be right?
Now I understand what is going on here. You grave for attention and know when you post something ridiculous and outrageous you get a lot of attention, negative attention, but still attention. Dude get some serious therapy for your graving of attention disorder!