M.D. LEWIS IS ONE SMOOTH TALKER. He can clean you out and then slap you on thde back and take your billfold. He will forget to tell you that he is planning another secondary, buy he always remembers to tell the investment bank. and thank them. He never tells the small investor that he is going to rob them. STRONG SELL.
Any experienced biotech investor is aware of the inevitability of secondaries. Are secondaries all that bad as the money does goes on the books? I'm new to the board but I'm sure you're talking your book by stating the obvious.