if only CEO had been able to say he had a firm fda meeting date during his presentation this am
IMO, stock would have cleared 32ish today
no new impending company public presentations scheduled as of now
thus, we may have radio silence UNTIL fda finally squeeks, and the company then publicly discloses
what a totally relaxed environment
last week, we needed Depends
this week, we are taking a different approach
I want you to do the following:
1. call God on your God hotline phone
2. ask God if me and star are the same person
3. report back what he says
I never thought I was star, but given your connections, I am now worried we are in fact the same person
it just amazes me how well connected you really are
the most recent public blogs by activists are, IMO, a new sign that they have grown less supportive of JW
and these are the same people who have been in every meeting with JW, including the most recent meeting where 7 different dmd experts offered their views to FDA
I fear they were unimpressed with wht the FDA had to say at that meeting, given their ramped negative tenor in their most recent comments
EVEN THE STOCK MARKET HAS COME TO JUST ACCEPT EACH FDA DELAY NOW!
if you are short this stock you must be annoyed to the ends of the earth
the market has become beaten in to submission, AND patient, on srpt, and is waiting for the FDA, apparently no matter how long it takes
neither bud, nor god, will be able to help the shorts if the FDA eventually decides something, and its positive
now I understand, and your explanation makes perfect sense
I am now going to marshall 50,000 signatures on the petition in the next 48 minutes
you can count on it
what if they are all promising to do this, in the same fashion that you promised to never post again?
I forgive you for breaking your promises, but maybe they don't?
thank you for your dramatic response to my posting last evening
to know that you look for me and read my postings means a lot!
I would like to return the favor, I really would
but, sadly, your tweets are password protected, apparently due to high security status as a nationally important person
but pleez know that although I have no idea what you are saying, I fully support you when you say it
be safe and password protected, my nationally important friend
and worst yet, I believe woodcock continues to mislead activists literally as of right now
I suspect they thankfully smile at her in person
but read their most recent blog and tweet statements ...
do those sound like statements somebody would make who was comfortable with what is going on?
UM, I THINK NOT
read your long tweet
I have been doing that schedule in my head for months
the company would NOT have gone bankrupt, and rather, it would have merely done a larger cash raise after the 48 week data
if the fda had just told the company to do a regular P3 back then (namely, march 2013), you already know where we would be right now
as for the "larger" cash raise that was avoided back then, guess what?
the last year has all but guaranteed another cash raise anyway!
$265 mil cash at 2013 year end and a guided $120 mil 2014 cash burn
working backwards ...
if the fda requires a full P3, cash raise is obvious
if fda requires a mild P3, drug will still not hit market until mid to late 2016, and cash raise anyway, is coming in 2015
now for the worst
EVEN if fda winks UP on NDA filing now, the one-year delay has made the chances of cash raise STILL high in 2015, because the drug would still not hit the street until endish of 2015
the shorts know all of this
I do not blame the company
I do blame pat furlong, eric hoffman, stu peltz, eric bastings, temple AND janet woodcock, for her gross misleading of dmd activists (and mislead them, she has)
assume the fda finally decides by end of march, and assume it even allows NDA filing and confirmatory P3
build the schedule off that
such schedule BLOWS for mid to late teenage dmd boys
these same boys could have possibly gotten the drug sooner if a P3 timely filed 48 week data
all if would have taken is more of a cash raise
WHAT A DISGRACE
I assume the FDA 16-month, and counting, process of review of Srpt has been extremely complicated and difficult, with major discord inside the FDA, for sure
we can all debate whether it should, or should have not, been this way
some will say the FDA is to blame, others will say the company and/or the data is to blame, and all in between
but after all this time and delay (including the latest delay ... and do not kid yourself, it IS a delay), it seems to me that all can agree that for whatever reasons, there is no longer any reasonable way to handicap this
the stock trading suggests that EVERYBODY is now flying blind on this (it would be 40-50 of the longs had a wink and it would be 15-20 if the shorts had a wink)
IMO, nobody, any longer, has a wink
IMO, as an investment, this is essentially one step above a lottery ticket for purposes of immediate term stock movement, up or down
is it still "possible" the FDA will ultimately do something favorable here?
I still think so
but if you are long or short this stock, you need to be prepared to lose a ton of money, depending upon how the lottery plays out
make sure you sign my petition too
it now appears piney has delayed her response to my marriage proposal, again, out of respect for the fact that the fda has delayed its response to srpt, again
this is emotionally draining
I have asked the President to call her on behalf
the real net shorts (NOT the day trading stock monkeys), are right there with the longs, cheek to cheek, wallet to wallet
the NON volume aint lettin anybody with size out
we got "Hotel California" until the FDA finally says something that matters
it trades like a champ
you have to take into consideration today is the last trading day of February, and given the move during february, the shorts that are marking their books at the close today will be quite involved in the trading
this should be obvious to everybody
I recommend we focus on something more important, such as tkmr and other things, like the CEO
yesterday's trading and early trading today must be very disappointing to them