Re: Gene editing
Whether SGMO files or not, or whether or not we hear about it, I wouldn't be surprised at any of it. EL is always late, never early.
That being said, as an investor with a very long term outlook and the intent to accumulate more shares, I will gladly take on the volatility in the stock price that comes with a lack of news.
Yes, EL has said the INDs will be announced this year over and over and over. It would reflect poorly on him if they aren't. However, there is nothing magical or fundamentally important to my investment about January 1, 2016 versus December 31, 2015.
If it doesn't happen in December, it will happen in January (let's hope).
The overwhelming RAC approval was much more important to SGMO than the specific day that an IND is filed as long as it is in progress to be filed soon.
People here are stressing about getting clobbered if EL doesn't deliver the INDs on the timeline promised. Guess what, that already happened. That's why we were at $5 earlier this year.
It's not like everything goes up in smoke on Dec 31 if the INDs aren't filed. I'd recommend being level headed here. We are much closer to fruition than we ever have been. If EL only delivers on half of what he's promised for 2016, I expect moves of $1+ a day to be a very common occurrence.