Thanks, that's all I was asking for. Why not include the source to begin with? I had searched for the source, but found no reference to the PD-1 and PDL- 1 combination data for the past week. Hence, my questioning your position.
mike, it seems that TEVA is interested in acquiring other large, competitive companies. My guess is that TEVA looks at ROSG the way an elephant regards a gnat. It it's even recognized, it isn't worth the effort to swat.
Your comment suggests the competition has begun hammering nails into CGEN's coffin. Are you short selling the stock, or just thinking out loud as you decide what to do with your long holding?
We sure need some fireworks to get us out of the doldrums here. On the "positive" side, we don't have to look to far to find why the stock is down today. When one of the top biotechnology stocks in the world is down 20%, that sell off is bound to affect the small fry.
I agree with both of you, and while the results certainly contained major disappointments, the implications of the positive findings are being ignored, except for comments like yours.
This experience certainly alters my opinion on the value of whale watching. Looks like they took a lethal harpoon along with the rest of us (longs, that is).
I agree with you, but where did you find the information that the placebo worked better than gev? I've tried several sources, but no where does that interpretation appear. TIA
Are you sure about this? A placebo should have no effect, like saline. If a steroid was used, that hardly sounds like a placebo but an alternate treatment. Where did you get your information?
Could happen, we are certainly close enough already to that mark. On the bright side, this stock was actually one of the better performers among my portfolio of micro cap holdings today. At least it lost less percentage-wise than every other one of my holdings in the biotechnology industry.
SJS, Thanks for the comments, open and frank as usual. I usually get very worried by end-of-day selling, but considering the condition of the whole market today, the "worrisomeness" of it all is alleviated a bit. A hedge fund might need to raise cash for withdrawals by investors, and since we do not see any light at the end of the tunnel here yet, this stock would be an easy one to pull the trigger on. Another possibility is that since the weakness has been widespread across the micro cap biotechnology industry, a "bear raid" is in effect. I always suspect collusion among money managers, whether or not such practices exist. I really haven't a clue, so I'm just speculating on possible causes for the weakness these past two days. Regardless of the cause, such a precipitous drop is always disturbing and requires at least an extra ten minutes of meditation practice.
sheep, I certainly wasn't carried away by your short covering, and actually just wanted to say it showed a bit of rational thought, compared to most of your comments. And the trust issue is in your corner, not mine. I just don't see a problem with Gerstal's introductory phrase. I interpreted the whole sentence to mean those who have studied up on the science and understand its potential will know that as results from current studies come in, their wait will be rewarded.
Wild fun, especially if there's a crowd. I agree with huggmee. They are great fighters for their size, but I never could acquire the taste.
Oh, and yes, thanks to catchamackerel for the original post here.