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Replies to #74469 on Biotech Values
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wallstarb

03/14/09 10:55 AM

#74471 RE: iwfal #74469

I wasn't dissing anyone - just disagreeing. And to be quite honest I didnt want to post to this message board - Dew asked me to.

And I am not sayign that science doesnt matter - in the VERY long run it does. But it takes 5 - 8 years from initial clinical trials for it to be definite - and as we all know billions are made in lost before any of the science is ever proved.

In a perfect world I'd love to be invested in a company with tons of cash - low burn and the next blockbuster, that is totally undervalued. In the real world sometimes 3 out of 4 isn't bad. If you can find one with all 4 - mortgage your house and go all in!
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DewDiligence

03/14/09 10:31 PM

#74494 RE: iwfal #74469

THLD – Although there are ample reasons to be skeptical, the bullish viewpoint may have merit too. I plan to listen to the webcast cited by wallstarb in #msg-36256012, and I’d be interested in comparing notes with other readers on this board.

As wallstarb noted in #msg-36276761, there are some heavy hitters with significant stakes in this name (and these investors are not clueless hedge funds like Efficacy Capital, the RPRX shareholder). They presumably see something they like.