Adam F. said that the 75% death rate had been reached. How did he know that? DId managment tell Adam? If so that is a leak and Managment should be looking at Jail time. Did Adam just assume that? If so doesn't that breach journalism ethics laws? Maybe Adam needs a little jail time to help him rediscover truth from made up whoppers! Years ago Ligand barred the little wessel from atttending their annual meeting for investors. Adam has been wrong so many times over the years that when he is right it is like is has to have a precession down main street!
it appears data has been leaked to wallstreet. How can you account for a 44% drop in price? Most biotechs that have bad news will drop 60-70% but there is no news. We just have Adam and his croonies telling us it is bad data!
Are they requried to release the results of the intern analaysis. Maybe they'll hold on to the data keeping everyone guessing. If its bad news and there is a delayed response why release the bad news!
We hit 32 when we thought we would have accerated approval. With the great news on Friday I would place a value of 40. Do we now get an accerated approval or do we have to wait for trial to be completated? In the meantime I say we slowly creep up to 32. I think a buyout could happen but the probabililty is low now that CLDX is so close to approval. Valuation upon approval + value of other drugs in the pipleine would mean we could break 40 and look at 50! Congrats to those that held on to their shares and a bear hug to those that bought more when it went under 10!!!!