RE: TST became a one trick pony that bet the house on FDA What choice did they have but to apply for approval? Mgmnt looked at everything, weighed the odds and rolled the dice. We, as investors, KNEW it was a gamble also.
I have finally learned my lesson, though, I will never bet on anything that has anything to do with the FDA. Takes way too long, way too much money and way too unpredictable. No, wait, it is very predictable, you can almost bet it will be a NEGATIVE outcome.