A really sad day for:
1. SI
2. Team at MSB
3. The kids who have no treatment
4. LT share holders who have waited patiently
The team has worked so hard, and only just come up short. It must be so crushing for them after all these years to have their hopes so high, only to be denied. I have no doubt they will go again, and probably get it right next time. There is still hope for MSB, so stay strong.
For those short term traders, probably a good lesson that when you play with biotechs, nothing is a sure thing. It is quite literally a punt if you expect certain decisions/approvals.
I sold out after the positive ODAC result, the Risk return pay off changed dramatically. The downside became far more consequential.
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