RE:RE:to lie Wino115 wrote: If laziness and ignorance were crimes, sell side analysts would be crowding the prisons around the world. Don't forget, the vast majority (if not ALL), highly skilled and motivated analysts left the industry years ago to get on the buy side, retire to their yachts in FL, or become consultants/boutique research-for-pay guys. The model that pays them is broken and margins have plummeted with revenues. So for one, most of these guys aren't that good - you saw that with the RBC guy too. And their compensation is falling and covering small cap biotechs really isn't going to be top of their list. Hence, the silly and obviously incorrect assumptions and crazy manic/depressive movement of his numbers.
Just ignore the whole thing and wait for facts to come out to make any judgements about the state of the company and their products.
You're amazingly, consistently rational and lucid for a wino, congratulations :)