RE: FDA16 Oct 2020 13:48
It was me that referred a post to admin. The same poster claimed to have received a letter from the CEO claiming that the FDA will announce their findings next week and also the FDA had told the same poster that there was a slight delay.
First of all, from experience the FDA do not engage with investors private or otherwise in updates other on what they publish or referring the enquiry to the applicant.
Secondly, having invested in this sector for many years the decision makers in any trial is the CDER. For those unfamiliar with them, they are a group of experienced people made up from the medical profession, scientists and pharmacists that agree a trial design for the applicant that is safe and meet their criteria that satisfies them that any drug is effective.
If there was any news of any significant value likely to affect the sp then it should be made public by the usual means, not by a poster/trader trying to influence other investors and possibly the sp before their own gain.
I make no apologies for it. Believe it or not some people are very gullible and only too happy to part with their hard earned cash based on what they read on a bb.