Orphan Drug Desgination for Brilacidin should be announced within the next 45 days. It could be as early as tomorrow. Leo wouldn't have bothered with the time and effort to apply for it unless he was convinced it would qualify.
The time to load up on something you believe in fundamentally is on dips when others don't want it. Or, once it is proven and up substantially if you want less risk.
In Reply to 'TheMonolith'
Just need a catalyst to get people off their seat, and to get new eyes. It could be as simple as breaking out above 2.20 or so. It will likely take a real eye opening fundamental event. While much of the news over the past several months is encouraging, it doesn't make me want to load a full position. It's been repeatedly shown that waiting is fine, and that outside positions offer a better quick fix.
I agree with everything you just said. I'm just waiting for something to fully compel me that time is running out. My perception is that there is nothing of the sort in the next 60-90 days. Please correct me, if wrong. I may take the leap once K is strongly into the next cohort, regardless of anything else. For now, I sit with a small position, ready to add in the 1.60's, if presented, or a break over around 2.20.
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