I'm SHORT $MNOV.
They changed the test mid-trial to make life easier.
They can't change the drug.
It fails馃У
4
0
17
1,740
I'm SHORT $MNOV.
They changed the test mid-trial to make life easier.
They can't change the drug.
It fails馃У
They changed the test mid-trial to make life easier.
They can't change the drug.
It fails馃У
4
0
17
5,938
19/ They've done this before. March 2007, same CEO.
Headline: "MediciNova Announces Positive Clinical Results."
Third paragraph: the drug missed the main goal the trial was designed to hit.
Their 2007 deck promised the next big MS trial "as early as 08Q2." Kids born that quarter big MS trial.
Headline: "MediciNova Announces Positive Clinical Results."
Third paragraph: the drug missed the main goal the trial was designed to hit.
Their 2007 deck promised the next big MS trial "as early as 08Q2." Kids born that quarter big MS trial.
1
0
5
588
20/ Scoreboard: $443.6 million lost since they started. Approved drugs: zero.
This trial misses. Short it.
And if the headline says "positive" anyway, short more. Yuichi Iwaki has done it before.
$MNOV goes to $1-1.5.
This trial misses. Short it.
And if the headline says "positive" anyway, short more. Yuichi Iwaki has done it before.
$MNOV goes to $1-1.5.
2
0
4
524