Genuine apologies if anyone hit that Nigerian Link.
Can't trust anyone these days ....
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Genuine apologies if anyone hit that Nigerian Link.
Can't trust anyone these days ....
Sure, agreed that there are some signs that thinks arent going too well at the moment however there are probably an equal number of signs that things are going well. Suppose you could say things are fairly evenly balanced.
Would hazard a guess that your happiness increases expotentially with the share price dropping knowing your entry point is getting lower.:)
For the benefit of newies, that's what a share price does - rise and fall in response to positive and negative developments with a company. It's a risk/reward adjustment mechanism.
So why would anyone's happiness increase exponentially as a sp falls? The sp falling actually means that the market is taking heed of negative developments and making the call that the company's prospects of being successful are dimming.
Capital raisings are par for the course with biotech and biomed companies when they are commercializing.
The successful ones raise capital with an up-trending share price.
Bliss and Genesis are excellent examples of stocks enthusiastically embraced by investors but raising funds with a downtrending share price. The wise got out while the fools piled in.
I dont think PEB has intentionally done bad things either(well,maybe some small misleadings for the good of the company and SP)
I think the things that are going well have to do with the product--and the things that arent going well have to do with selling the product.
I believe they desperately need someone who is a specialist in that area. This is complicated because we dont know enough how the American medical market actually works in detail.
We know that some large pharm companies have a budget that allows then to lobby to doctors which includes lots of sweeteners such as dinners -weekends away at resorts-etc to promote their range of products-PEB obviuosly does not have the budget for that. Perhaps more would agree that going it alone has a serious shortfall in that area.
There obviously needs to be some other strategy to promote the product (while we wait for the KP results and hopefully CMS coverage)
But I dont think we can rely on that to push things through--We dont know what kind of a bargain they will strike if it does come to pass.
somehow they need to get the product recognized to the extent that the patient demands the best product (thats a hard one because patients dont really know about that sort of thing)Its a big world in terms of medicine. The next step is for doctors to demand the best product for their patients-they are the next step in the process.
I believe they need to somehow insert the CX test after the normal blood tests a doctor would do,but before the sending off to the Urologist - To me it seems far better for doctors to use CX as the next logical step BEFORE the urologist--Which is why I think targeting urologists is not the best approach--Now that there is at least some concrete evidence that CX is the best performer -somehow that needs to get through to Doctors ,rather than just Urologists.
The very first basic step is to ask yourself''how do doctors know what tests or products to prescribe?'' (or course they all know about blood tests -but where to from there?) Newsletters?--Pamphlets?( bladder cancer detection has gotten a whole lot easier with CX)
There has been some serious cash burn-and there is going to be more--so we might as well be doing it right--marketing guru?
Even a commission to a large player could work --after all ,its about numbers of tests sold. There must be large players out there who are looking for easy opportunities to compete in any field they are yet to enter.
Most agree,there is a problem--Its now up to management to figure the best way to deal with it.
What do you think cxbladder triage is then, skid?
Ok So they brought the wrong product out first--no ones perfect
And Miner--Are'nt you suppose to be doing those Eves? (You might have left it a bit late in the year mate.)
Credibility AND anonymous forums are mutually exclusive - the least credible are the mindless posts of the cheerleader fraternity looking to mitigate their poor investment decisions by talking up the the dead and dying.
PEB is like a myriad off previous (and impending) failures looking to sell hype instead of building a sound base business. Cash flow is king - always has and always will be.
Unfortunately in this instance it genuinely looks like a good product - or is that just me being sucked into hype?