Have a good belly laugh at the Doc's post - when he holds a stock the Directors on market purchases are golden.
His caveat in particular holds true to this day.
Let me translate this to Mesoblast There is no way the directors aren't privy to the outcome of the FDA's advice on the potency assay and BLA resubmission , so the fact they have confidence enough to buy shares at market value sounds like good news to me.
Or if Doc translated to Mesoblast
Even though the directors met with the FDA I don't think anything changes, I'm happy to be wrong but I haven't been wrong in 5 years, if ever. The fact that directors are buying still does not give me confidence, as even if approved it won't sell. I do hope it gets approved though.
What's up @DocMcstuffins are directors buying a signal of confidence or bad news?
Reindeer Reg
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