I suspected that, hence was happy to enter into a bet with you @JB1975.
To be clear it not my understanding that I entered into any such bet with you - I believe you offered a $100 dollar card on your side if you lost (ie if there was another CRL) versus my opinion on another stock of interest to you if your were right (and there was a CRL - so I was right).
I didn't think you intended any insult but I divided your $100 dollars into how many hours I feel I'd need in order to give an honest opinion on a stock (a dishonest opinion I would not give) and the hourly rate didn't seem very flattering. 3 x$33 or 4 x $25.
Reginaldp (whom I don't particularly like) and from whom I'd have been delighted to extract thousands of dollars made an offer (which frankly I didn't trust him to honor - unless there was some other party ensuring payment of both sides of the bet) to put up 100,000 Mesoblast shares.
I'd looked at January PUT options for MESO. It seemed like Moomoo had a means whereby I could get on their platform and buy PUTS so in effect profit from a very bearish sentiment if I was right about both the decision and the timing. But the logistics of setting up an account with them - getting funds validated - jumping through their and their partners hoops - seemed like a lot of trouble. Too much trouble. I expected to be regretting not going to that trouble.
I was confident that Trump appointees wouldn't get involved before the pdufa date and I was also confident that a BLA ought not be given on the basis of the science (also frankly on the basis of Silviu's character and track record I thought he ought not be trusted to do validation studies to prove up potency assays and other things afterwards - I didn't think the FDA could police him closely enough to safeguard the financial incentives he'd have to ship product that might only sometimes be potent so long as it wasn't actually harmful)- I'd have been willing to risk thousands on a bet with reg if I could have done it and if I could have been confident of his payment in the event that he lost.
Thousands I see as being more in line with the amount of research I'd done. Probably even tens of thousands but I wouldn't have bet tens of thousands.
CYP Price at posting:
20.0¢ Sentiment: Sell Disclosure: Held
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