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MELA Sciences, Inc. Message Board

  • bobtkid bobtkid Jul 23, 2011 12:53 PM Flag

    QUESTION FOR FNCY....

    <<I dont care how I make money, I watch the game and change my opinion on any given stock as new information comes to light. Nothing has changed and I would still venture a guess that this would be a good short at this stage. Still to squirrely to really place a bet yet (if at all).>>


    Fncy, pursuant to respecting your opinions (as we talked about the other day), just wondering why you still think (in light of all the publicity and the heat being put on the FDA, and the 'admission' in so many words of wrong doing toward MELA) that this would still be one to short? Are you talking about shorting it for just a few cents, or more? Do you not think that approval will eventually be coming on this (in light of FDA heat)? Interested in your rationale, and hopefully you haven't left yet, and can respond. Thanks.

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    • <<All our FDA clowns have to say is that Germany has different standards with respect to their approval process and that the FDA is not a reflection of (nor need follow) the lead of foreign regulatory boards.>>

      Believe it or not I am actually smart enough (no comment General)to know that approval in Germany has no bearing on FDA approval here. The differences in the Europe and FDA approval was actually brought up during the Congressional Hearing. However, it still doesn't eliminate the possibility of the FDA taking some additional heat from the Committee and public press if they deny MELA. Especially after the time delays involved.

      ************************

      Time Will Tell -- JDBarron

    • <<All our FDA clowns have to say is that Germany has different standards with respect to their approval process and that the FDA is not a reflection of (nor need follow) the lead of foreign regulatory boards.>>

      Believe it or not I am actually smart enough (no comment General)to know that approval in Germany has no bearing on FDA approval here. The differences in the Europe and FDA approval was actually brought up during the Congressional Hearing. However, it still doesn't eliminate the possibility of the FDA taking some additional heat from the Committee and public press if they deny MELA. Especially after the time delays involved.

    • Fncy as you know and have commented on yourself (http://messages.finance.yahoo.com/Busine... the lid has already been crack on the can of worms at the Congressional Hearing, now if Germany approves and the Feds don't, I believe the lid will be removed by Congress and the press. --capt

      ****************************

      All our FDA clowns have to say is that Germany has different standards with respect to their approval process and that the FDA is not a reflection of (nor need follow) the lead of foreign regulatory boards.

      Geeze.... you guys would not last five minutes in a court of law.

    • i'm pretty sure that fancy pants is no oracle

    • <<If you cave into public pressure, you will look far, far worse than if you stick by your guns (because you have nothing to lose and everything to gain) by pertending you are emotionally strong and professional by "standing by your convictions".

      There is no way in hell anyone (who wants to continue with a future career in the FDA) will back down to any outside pressure.

      You fellas keep forgetting the fact that our government workers do not live in the "real world" of business and economics.

      End of story.>>

      Does that mean that bureaucratic arrogance negates incompetence?

      Fncy as you know and have commented on yourself (http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_M/threadview?bn=27033&tid=27447&mid=27452) the lid has already been crack on the can of worms at the Congressional Hearing, now if Germany approves and the Feds don't, I believe the lid will be removed by Congress and the press.

    • <<.if the changeover to just derms would do it then i think they would have already made a finding for approval...maybe they will make them do another trial of some sort to save face...either way the fda is screwed...if they approve it they'll be attacked for dragging it out so long...if they don't they'll still be attacked for taking to long and delaying time for a new study...it will be interesting...ii still think it's only got a 10%chance of approval...>>

      Dr Shuren actually admitted during the hearing that the review team was wrong in not granting MELA's first request for a review board. He was subsequently hammered pretty good by Congressman Bilbray during the hearing for the delay and the potential harm to patients for the delay.

      As much as they may like to find a reason to deny MELA as a face-saving thing for the review team, it seems they are having it difficult to find one otherwise, I am sure that they would have denied it quite some time ago.

      Perhaps it is time for the review team to "MAN UP" and admit their mistakes as Dr Shuren did during the Congressional Hearing. What is more important, a few FDA egos or the potential harm in delaying its use for patients, a company who has spent a great deal of time and resources in Melafind's development and the investors. >>


      **************************************

      You guys have the wrong mind-set. Think about it for a minute; you are a government employee who has virtually nothing to lose by denying the product and everything to lose by 'admitting" that you made a "mistake" in NOT approving it in the first place.

      If you cave into public pressure, you will look far, far worse than if you stick by your guns (because you have nothing to lose and everything to gain) by pertending you are emotionally strong and professional by "standing by your convictions".

      There is no way in hell anyone (who wants to continue with a future career in the FDA) will back down to any outside pressure.

      You fellas keep forgetting the fact that our government workers do not live in the "real world" of business and economics.

      End of story.

    • later..

    • Have to go, I have enjoyed the correspondence, nice to have an intelligent conversation with someone on the other side of the fence instead of dealing with the typical bashing B.S. nonsense.

    • i hear ya..unfortunately logic doesn't seem to dictate the fda and their decisions

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MELA
1.29+0.04(+3.20%)Dec 26 3:51 PMEST

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