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Biodel Inc. (BIOD) Message Board

  • blehair Sep 9, 2013 12:47 AM Flag

    fyi, i'm not even in biod

    i just expecting post-catalyst action similar to RMTI from what i'm reading on biod twitter. i think i'm going to make bank on a low-pop, bounce to big run. resistance lvls are $6 and $8, hilariously that's the same as it was for RMTI. i'm all over this Co, but i hate to see rookies lose money on complete nonsensical bear arguments that have no bearing on the low mcap of BIOD. If BIOD had a shot of showing superiority results, it would've been trading at a mcap of $500M before today's results, and then become a billion dollar company on monday. But no, the whole point of the bull thesis was that it would show non-inf in P2, MAYBE show some stat sig secondary endpoints (it did infact have at least 1 i think), but mostly show just positive trends, in which point P3 will be designed with p2 data in hand... P3 results will differentiate it from humalog, hopefully, and suddenly BIOD has a shot of capturing meaningful market share. Right now it trading below 1% market share. With good P3 results it will trade at least 5%, or, over $500M mcap... Fair value of BIOD did NOT go down today, l-m-a-o.

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