Therefore don't let the lanza lovers tell you phase I will take less than two more years.
Then phase II will take three years
then phase III
A lot can go wrong in so many years. Big money knows from experience that's why they won't, and have never, given actc more than a passing thought. Deep pockets have never, in recorded history, invested prior to phase II, have they?
This pig is for traders, or longs with a 6 year horizon and a lot of stomach steel and the ability to lose it all without losing sleep. If you're long with more than 200K shares, you're trapped here unless you want a scalping from the market makers, provided they are willing to let you out at their price, on any given day. If you're adding shares, thinking that you are averaging down, so far that has done nothing but lose most of you additional investment dollars.
Better yet, where is the DSMB approval to go to 100K on the AMD trial after the 3rd patient was completed in Cohort 1 on 4/20/12. Two months ago??? Didn't Rabin say the wait would be much shorter now that they know how the DSMB wants the data presented??
And the DSMB approval for SMD Cohort 2 was on 4/24/12. Two months ago and no injections??