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Is MSB a good bet right now considering it has ethics approval to treat COVID-19 patients in Aus?
There is a whole thread on MSB, worth a look.Is MSB a good bet right now considering it has ethics approval to treat COVID-19 patients in Aus?
@Knobby22 you see i nearly trusted your views on that onetrading halt..yeap bought yesterday and will join the suckers roll...
It takes a long time for biotechs to get there and if they are cash flow negative it can be a long road.To put into perspective:
2006..14y ago:
First post on thread $unny bought at 56c...
Thanks God we got the dividends ;-)
Melbourne, Australia; October 2, 2020 and New York, USA; October 1, 2020:Mesoblast Limited (ASX:MSB; Nasdaq:MESO), global leader in allogeneic cellular medicines for inflammatory diseases, announced today that the US Food and Drug Administration (FDA) has issued a Complete Response Letter to its Biologics License Application (BLA) for remestemcel-L for the treatment of pediatric steroid-refractory acute graft versus host disease (SR-aGVHD). While the Oncologic Drugs Advisory Committee (ODAC)1 of the FDA voted 9:1 that the available data support the efficacy of remestemcel-L in pediatric patients with SR-aGVHD, the FDA recommended that Mesoblast conduct at least one additional randomized, controlled study in adults and/or children to provide further evidence of the effectiveness of remestemcel-L for SR-aGVHD. As there are currently no approved treatments for this life-threatening condition in children under 12, Mesoblast will urgently request a Type A meeting with the FDA, expected within 30 days, to discuss a potential accelerated approval with a post-approval condition for an addit ional study.
yep. important to remember it hasn't failed, it just hasn't passed today.
Ouch. I'm down heaps at present.yep. important to remember it hasn't failed, it just hasn't passed today.
I'm down 22k if that helps you feel betterI just lost 4k...in 1 day :-(
not really, I disagree you vs Covid, but do not hate youI'm down 22k if that helps you feel better.
my pain is more acute as i put 10k on Wednesday and lost it today, the abruptness is hard to swallow.not really, I disagree you vs Covid, but do not hate you
| 11/08/2020 | mesoblast | 10/08/2020 | 1101 | 4.5 | 10 | 4964.5 | $3.810 | 10 | $4,184.81 | -$779.690 | -16% |
| MSB | 29/06/2020 | mesoblast | 22/06/2020 | 1100 | 4 | 10 | $ 4,410.00 | $ 3.25 | $ 10.00 | $ 3,565.00 | -$ 845.00 | -19.16% |
| MSB | 11/11/2019 | mesoblast | 16/09/2019 | 2522 | 2.17 | 10 | 5482.74 | 1.79 | 10 | 4504.38 | -978.36 | -17.84% | -26.05% |
| MSB | 16/03/2020 | mesoblast | 23/12/2019 | 2718 | 2.01 | 10 | 5473.18 | 1.44 | 10 | 3903.92 | -1569.26 | -28.67% |
Scary mate. I don't have anything to say that could help, but I have also had a fair bit of misfortune with Biotech companies over the yearsmy pain is more acute as i put 10k on Wednesday and lost it today, the abruptness is hard to swallow.
I basically like that company product, innovation but it keeps slamming me:
Previous experiences were via systems so easier to swallow but still:
these are the last year MSB plays:
8k in all, inc 4k loss today (not sold so not realised yet)
systems entry
11/08/2020 mesoblast
MSB 29/06/2020 mesoblast $ 4,410.00 $ 3.25 $ 10.00 $ 3,565.00 -$ 845.00
MSB mesoblast
MSB mesoblast
Can I add it is now blacklisted in my systems
Trouble is half of the losses were within systems.msb going thru all filters as a decent candidate.price, volume etc...Scary mate. I don't have anything to say that could help, but I have also had a fair bit of misfortune with Biotech companies over the years
Trouble is half of the losses were within systems.msb going thru all filters as a decent candidate.price, volume etc...
I believe it is heavily manipulated...
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