Cymeed -
<<I would not be totally surprised to see Depo tanks too on Dec 19. This all depends on the thinking of the crowd, which is totally unpredicatable.>>
If you bought into DEPO for the bounce, I would be afraid.
If South Korea tanks next week, i.e. the WON goes to
a *billion* for the dollar, all stocks w/o earnings will get
slammed. And those with earnings - will get slammed.
No one will care about earnings *prospects*.
Things will be in chaos until new *safe* market sectors are
defined. High tech and biotech ain't gonna cut it, at least
initially.
That out of the way, there is no connection between
GLIA and DEPO. Or DEPO and any other drug up
for review.
DEPO delivers a chemo drug in a very efficient manner
which (a) lets someone live a little bit longer than
otherwise - yes - they STILL die using DC (b)
or, potentially, DEPO (DC) saves someones life who
otherwise would have died because DC was introduced
early in the program.
As doctors climbed the learning curve, they will reach
for *the bottle* sooner, both on and off-label. They
want to win - they want their patient to win.
DEPO gives them a chance for winning.
This is why the prospect for DEPO is so large.
Look at it this way, people are already dead who should
not be, because this drug is not freely available.
But none of these assumptions, on may part, will be reflected
in the price of DEPO until we are near the FINAL, FINAL,
SUPER FINAL FDA review. Whenever that is.
Regards,
John McCarthy |
