takes big Kahoonas to be short here
In light of the 1402 news, I think you have to be pretty brave to be short this stock at these levels. Unless of course you know an unscrupulous analyst that's tipped you on the fact that they're going to put out an unfounded negative report... hmmm
I believe the risk / reward here favours some kind of significant JV on 1402. I think the industry knows damn well that we have a real drug on our hands here and someone will be willing to play.
Any deal would likely have a very significant up front payment and a handsome royalty structure. Shorts will fry