RE:RE:RE:"Global pharmaceutical partner" = exclusivitysubaru1i, there is an aspect of hope that does have some relevance in the execution of a business strategy and when investing in general. As you note, having all the important inputs and factors is essential to be able to achieve a successful execution of a business strategy. "Hope" comes into play when we start to consider all the uncertainties. Do we have all the relevant factors and inputs? Will any new and unforseen factors unexpectedly pop up and kibosh our expectations? Will management / employees be able to execute the strategy with competence and skill? Your logical extrapolations in your posts are well thought out and intriguing and good scuttlebut is always appreciated, but we as investors control none of it. "Hope" is the catalyst that when coupled with logical thought gets us truly interested in the story and gets us willing to part with our money in the anticipation of a lucrative return in the future. At the moment (for me anyways) there is sufficient logic and "hope" here to stay invested.