Your "cuz" is representative of a specific genre of bear views on CTIX... It begins with distrust of Leo and Menon... and every development is then viewed through that lense... so using Purisol as the example...
Purisol has been delayed twice... the first time we were told was related to Dr. Reddy's folks working through a better manufacturing process which would greatly reduce cost of production moving forward... if Purisol becomes a successful drug this change can result in the addition of millions to the bottom line... the second delay had to do with the change of strategy, canceling the POC and moving straight into the P2/3... again the explanation was cost savings over time...
So if you have a jaundiced view of Leo to begin with you look at these two events and say to yourself... "something fishy, better stay away"...
If, on the other hand, you see Leo as a competent professional, or maybe even admire his business acumen and the way he has moved CTIX forward on minimal dilution, then you look at these two events and think... that is Leo being frugal for the good of the company...
We can look at the same set of facts or developments and reach vastly different conclusions based on our starting points... this is what makes a market...
News 
Market Data 
Discover 
