RE:RE:RE:RE:RE:RE:So what if I told youI dont think the company would hold back if they were convinced of or if they had a high degree of certainty that POC had been attained,,,,I suggest that maybe SPCEO could just pick p the phone and simply ask for a yes or no answer...
What is clear to me is that no institutions bought yestetday and today and one would think that Soleus and others would have jumped at the oppotunity of getting in at ground level if in their mind POC had been achieved...
qwerty22 wrote: You know I'm the guy always looking for the problem.
There's no set definition of POC. It's a subjective call based on thinking the data get's you there. They flirted yesterday with many statements that where as near as damn it. It doesn't make a whole lot of sense not to be more clear. I would have called it.
I re-listened and tried to knit together all the statements they made about safety. They were super clear in the PR about the 420 toxicities. From everything they said the 300 toxicities look much, much cleaner. Beating expectation almost. I don't get why they wheren't as clear about the 300 toxicities as they where with the 420 toxicities. They could have done exactly the same job around 300 as 420 but with what sounds like much better news. Instead they stick to just talking about DLTs which only covers a small portion of the patients experiences at 300. It's difficult to understand why they are making that potentially great news difficult to understand as well.
I'm struggling to see where the bad news about th1902 is from yesterday.It's not blow out, It's a small data set but it appears mostly positive and they aren't wringing out everything they can from that. It was a moment for THEM to pop corks, at least a cheap bottle of something.
palinc2000 wrote: LOL TThanks for the link...Quite amusing..I think the real conclusion is that people should not think themselves infallible and admit without endless argument that they were wrong!!
I have been thinking all morning about why the market did not react as I expected .
I think it is a vivid proof that the elusive POC has simply not been reached yet,,,,,,BTW not once did Christian mention that the POC milestone had been reached,,,,We need to put the cork back on the bottle ...at least for now ..
Wino115 wrote: Quite a history for that quote. I thought for sure it was Yogi Berra, but it traces to Danish physicists.
https://quoteinvestigator.com/2013/10/20/no-predict/#:~:text=It%20is%20difficult%20to%20make%20predictions%2C%20especially%20about,is%20hard%20to%20prophecy%2C%20particularly%20about%20the%20future.
palinc2000 wrote: OMG my prediction for much higher volume and price has not materialized at least not this morning...
I take comfort in the Chinese proverb
MAKING PREDICTIONS IS VERY HARD ESPECIALLY WHEN ITS ABOUT THE FUTURE
palinc2000 wrote: Dont worry about it....Nobody cares what an analyst from NBF thinks...
Assuming the broader markets dont crater tomorrow I think tomorrow will see a more pronounced increase in THTX SP ...The very few who wanted out are now out imo ....I expect much higher volume also
As Muxlix would say MY CALL .!!!!!
SPCEO1 wrote: that an analyst who follows TH wrote a report today and decided not to mention anything about either the financing or the phase 1a data. Instead, the analyst decided to focus their report first on Egrifta, then NASH and then Trogarzo. I have to admit that cancer did get a brief mention in the "Risk Factors" section where the analyst made this comment: "2) increased focus on drug development as TH makes
progress on its oncology assets".
Obviously, you probably think I am drunk or doinig drugs to say such a ridiculous thing! Sadly, I am completely lucid and am just reporting accurately on how the NBF analyst crafted his THTX report today.
The blame for this is obviously partly on the analyst but it is apparent the company's failure to maintain a decent relationship with this analyst or any of the others is what leads to such absurdity in the end. You might think the analyst is really stupid but I don't think that is the case. He likely has just had it with how bad TH has been over a long period of time on engaging the capital markets and how they have let the stock price bleed out in recent months in an info vacuum by holding back that phase 1a data for months. TH could have been giving regular updates as the patients they spoke about today moved through the trial. Maybe there was a good reason to not do so, but I am not aware of it.
$288,000 dollars worth of THTX traded hands today on the great news we got today that significantly derisked the future of the company - that is it! I am not sure how that can actually be true but the depths to which the company's engagement with the capital markets has reached is breathtaking. We thought there was a problem a year ago and two years ago and three years ago and so on. Shareholders asked for a new board memeber with expertise in the capital markets to be added, which they graciously did, but the situation, which seemed like it could not get any worse, has gotten worse still.
It was a great day for THTX. Too bad so few investors actually noticed.