IMM 4.69% 33.5¢ immutep limited

a lot can happen 5 weeks before spp deadline, page-19

  1. 5,646 Posts.
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    Robhood , Just so that you are aware I am in no ones camp so this is an independent concern I am expressing and not directly levelled at anyone.

    I have done the research (never enough of course) and most people seem to indicate that to get phase 1 is really only a safety issue. They don't care beyond that. here's one such link:

    http://www.fdareview.org/approval_process.shtml

    So I am really concerned that we on this PRR forum do get all excited about moving forward on this process and raise the golden words FDA. Yet nothing has been proven other than it hasn't been linked with harming anyone (although there was one person who had to come off the drug). Phase II has efficacy issues built in. I am sure that if you put a good set of papers together and had US$30m you could even run a trial for modified Bicarbonate of Soda.

    However the cost of this process is enormous and you shouldnt be spending the funds unless you had a good shot at proving something. The potential if realised is just as huge but in reality I believe its easier to pick the Melbourne Cup winner than the outcome of this project. I have on very few occasions picked a winning racehorse.

    I think that many on this forum seem to almost view this process as time dependent because we have FDA approval. Its approval for what that's critical.

    I am an investor in it but a long term investor its a horse for me that either wins and I collect or its a loss and I throw the ticket away. I wont sell because I want to ride it out to the end.

    However people comparing this to Dendreon etc. I understand it at the intellectual level but this is not yet on the same path. Some question whether the results of the local tests show anything substantial. Others like me feel that even if 4 people benefited you don't know how others in earlier stages of the disease would have benefited and one person has been on the process for some time.

    In reality I have and an becoming less sure that this share is not plagued by wild swings that have less to do with head and shoulders and candles and more to do with how easy these swings are and how easy it is to make money just buying and selling within these swings. So I am beginning to think this share is hostage to the traders who have to have these swings to keep the cycle ticking.

    I must say the language and personal attacks I see on this forum suggests that there is far more riding on things than opinion.

    If others want to make their investment decisions based upon the rhetoric displayed here than so be it but I certainly would do a lot of independent research before following any of these opposing parties on the PRR forum. Watch the serial posters and go back to their previous posts and how they were desperate to get in at 16c now sellers at 15c. Some of these comments in hindsight don't add up.

 
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