Wormo. Agree completely about the #at lady. Who knows, the delay might be due to something positive. I'll be back in if the price is right.
I usually hold through through but had a bad feeling about this one....plus I'm in for Fonda, not Audeo. The platform is good, but the p3 trial design sucks. IMHO the trial is a p2b masquerading as a p3.....and that is one of the reasons that US investors will be skeptical. Sure, the is precedent for PFS as a p3 endpoint, but it's the exception rather than the norm. Throw in no US trial sites and its hard to see even a positive result sailing through the FDA.
Getting out was not a trading strategy. It was a de-risking. Formed the view that I had already been paid for Audeo. Probably left $0.2 on the table if the raising gets away at the mid-point, but locked in profit and might be able to buy Fonda for a good price. Who knows? Can't ever be sure, eh?
Cheers and good luck to all whatever your strategy.
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Wormo. Agree completely about the #at lady. Who knows, the delay...
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