Antibe Therapeutics Inc(Pre-Merger) ATBPF

RE:RE:RE:RE:IBD update ... market size

[MrMugsy]

Nick80 wrote: I agree with you that this is the pathway any company should take to spread the risk.

In hindsight I wish I invested only 1k since the focus was for a long time only on one drug and it appears to me that mgtm is scrambling and backtracking to broaden their opportunities now as they realize that 346 might not become the blockbuster drug they promoted. 

That said you are right lets see what the october update is. I hope its positive but have no more expectations for this company. 

As an investore I should have closer looked at their strategy and minimized risk by waiting for results first and minimizing my position at the hype since they did not invest enough in other candidates in parallel. 

Overall I am quite disappointed mostly at myself for being to hopefull instead of cautious. 

That being said lets see what October brings - iI don't anticipate life changing news then eiter but at this point the hope dies last...

Let me ask you Nick ... just for fun ... what do you think happens to OTENA if we can't bring the dose down?  Do you think the drug is done or do you think there are other pathways to major sales?  I see additional pathways so I don't see negotiations stalling for long.  It's a tradeoff now - more value for extended testing - OR - shorter testing with smaller opportunity.  Heck ... like I said ... if I get it my way ... we get both paths.

It's a gamble though ... always was and always will be.  Even on a sale of OTENA, the investment continue to be a gamble on H2S.

Hoping Wainwright Q&A sheds more light on what ATE is doing - how they feel about OTENA right now and where October should take us.  Then we have to wait for October results.

Fingers crossed buddy !!!!