Post by
Breakthorough1 on Jun 22, 2023 3:16am
Binary events
The thing that had to happen is an announcement (at the beginning of july all patients should have already passed the first scan) of good results from Stage1 of VITALIZE. It could change the map. Look at some biotechs during 2008 crisis, and the importance of "binary events" in the outcome:
https://www.forbes.com/2009/10/15/vermillion-vanda-jazz-business-healthcare-biotech.html?sh=67da0f267ee6
Comment by
prosciutto on Jun 22, 2023 10:34am
The problem is that even if we pull off a 1000% increase we are looking at .80. I think most shareholders will have lost significant amounts at that point. So unless we hit it out of the park like Vermillion we will be sol.