I thought they were all very frank. They acknowledged the fall in the SP and also acknowledge they dont know why the market is punishing them so. They have no control over the SP other than work on the trials and deliver results. There is no button they can press to increases the SP. Only data and results can do that. I would also say they have no control over the results. So far they have had no negative results but the market still smashes the SP.
At the end of the day these drugs either work or they don't. They can't force the drugs to work or produce fictious results to get the price up.. SO it's a risk, you either take it or move on
For me, so far so good. The SP does not reflect results to date. The CR, PR and SD do not happen by accident or flook, this is cancer we are talking about, The results so far show there must be something tangible, it just takes time.
Having said that LC has set the high expectation buy talking about lightening speed, we just have different definitions of what lightening speed is. She needs to manage expectations better.
IMU Price at posting:
2.6¢ Sentiment: None Disclosure: Held
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