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IgnoranceIsBliss

11/11/11 5:35 PM

#563 RE: kris_kade #560

How do you explain Ayer Capital adding sizable chunks recently ?



The same way I would explain anybody adding sizable chunks recently. They're taking a position on the interim look.

If it's a continue + silence, what a lot of people will be doing in "sizable chunks" is throwing up. Not everybody, but a lot of people.

One thing about a continue is -- it likely takes the drug out of the "stupendous" category, and puts it back in the "possibly effective" category. That takes the bagger multiplicity factor (BMF) down to levels that are less interesting to hedge funds and speculators.

I think I'm really saying something here like: "Not as many guys will want to date her if it turns out she's not really that hot." Is that really controversial?