Replies to post #111178 on Biotech Values

[zipjet]

I'm just not convinced that our outrage at the inaccuracies of the GS report will counteract the GS report.

My reaction* to the report is positive not withstanding the glaring errors.

GS suggests:

- sole mL lasts years;
- MNTA technology platform is a significant technological lead;
- mC will get approved.

I like the report.

I think it is an error to dismiss the content because of the incoherence.

JMHO

ij

* Maybe I need to write more calls to neutralize my preposterous enthusiasm.

:-)

[iwfal]

I'm just not convinced that our outrage at the inaccuracies of the GS report will counteract the GS report.

I am not and was not suggesting that our outrage would counteract anything - my point was purely and only large market moves are almost always about something where many or most of the participants know something is irrational but continue the irrationality anyway ... until the virtually instantaneous change in market psych happens. See, for instance, 'the bigger fool' theory or 'irrational exuberance' for examples that result in a predictable-in-magnitude (aka large) downside that are unpredictable in timing.