You should not buy and sell on every announcement from a company. That is a quick way to loose all your money. You have to decide to invest on the business mandate, plan, results and products and push through the highs and lows. I have learnt this early on in investing.
I think you will be very upset with yourself that you are out. Unless you choose to buy back in next week on more SP softness.
For those people who want MSB to sue or investigate MSB I will say this:
Any time any company decision does not go the way people expect, people start talking legal action and damages. I know people feel angry but anger will not help the situation nor heavy legal action. This is not fun being in this situation but this is not new. We still have 3 other blockbuster in train we need the FDA onside to progress these. Aggressive action is not the way. Any FDA dispute resolution process is the way as that will be supported by both parties and obviously this first meeting is the start of that process. Honestly by the time you start to sue anyone the ARDS treatment could be approved and the share price goes to $20 and then what is everyone going to do...be like ohhh well you know they lawsuit let’s just forget about it as we like you guys again! Si and MSB will take the correct and logically sound approach here I am sure so just more patience required. I have been waiting for over 4 years so a bit longer is what it is. Some have been waiting longer, if you have only been in less than 12 months and you have lost patience then better off you take your money to the Casino and get your fast result there. Just saying.
The FDA are in control wether we like it or not and MSB will need to work with them to keep things amicable and keep things moving forward to show good paths of progression for all treatments.
MSB Price at posting:
$3.19 Sentiment: Buy Disclosure: Held
(20min delay)