GREY:IPHAF - Post by User
Comment by
biodelatechon Sep 23, 2005 10:24am
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Post# 9596300
RE: timeline
RE: timelineso what
clinical trials take their time
and the carcinogenicity study can´t be done in a fortnight either.
all this whining about why it takes so long is a sign of uncleverness.
the clever investors see the clinical data and looks at the market cap and makes his/her moves = buy it cheaply and wait.
I admit that if the start of selling of 247 wasn´t so far out the stock would be sharply higher and keep its gains.
but assuming positive 24 week data and a flawless and positive second phase 3 and a good outcome of the carcinogenicity study and worldwide approval the stock will be somewhere between 50 and 100 C$.
But in the meantime I ´m going to ponder what to buy with my return on my isa investment.