Re: Laymen's Guide to RSV Elderly phase III Results
Wily,
If you are correct in your assessment why wouldn't Erck, Glen, and others on the BOD come charging in to buy more shares at this point??? Wouldn't it be a slam dunk if in fact they truly believed that it was only a matter of time until the stock went considerably higher? Wouldn't you agree that Human Greed and their level of "skin in the game" is the best indicator to verify the validity of their convictions? As a result, due to their lack of personal involvement, wouldn't that make you somewhat suspect of their motivations and potentially question their scientific explanations? I certainly hope I am wrong...but something has a bad smell here. I trusted this company initially based on Dr. James Young's involvement and he clearly has skin in the game.. and a bonifide track record. However, upon my investigation of Erck & Glen's past history, candidly I am dismayed and now question if Young's business and people acumen are at fault. Most scientists skills are in the lab and I wonder if Young is one that has elevated himself due to his past scientific success beyond his capabilities.
I was appalled how the CC was carefully orchestrated only allowing pre-screened analysts to ask benign questions that were uncompromising. They never made any reference to Partners or additional funding and clearly avoided anything relative to their inefficiencies of trial design. I clearly am not a scientist but their solution as you indicate is apparently to beef up the successive trials with booster shots and adjuvents which at first blush seems like only one side of the equation. Why was their no analysis on how the next trial would be strategically designed to make every effort to not be subjected to low attack rate? In addition, we have no clue as to certain financials such as their fixed lease obligations. Another question looming is...if in fact the science was so terrific and was subjected to an unlucky LAR trial, why wouldn't Large Pharma be knocking on their doors big time especially at these bargain prices???? Candidly that should have happened already....Again, I am just trying to be objective.....and this exercise just doesn't pass the smell test anymore. I hope I am wrong.