RGDO, FDA now involvedI was reading a thread about RGDO were Dr. KSS had written that he would sell his shares of RGDO if the FDA got involved.
Well the announcement just came out less than an hour ago that indeed the FDA is now involved so what to do now.
I just bought in yesterday @ 2.79. Does this change the landscape of the future of RGDO because of the FDA?
Would Dr. KSS like to comment further about what to expect next?
Thank you in advance for your response’s. Jennifer
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KSS probably doesn’t have time to scour gumshoe for questions – he mainly sticks to the most recent threads. I suggest you become an irregular to stay up to date on discussions. That said, KSS’s current feeling on RGDO is that all is not lost and the sun will rise. He says hold.
FDA just (only) announced a clinical hold. I think KSS meant that if FDA stops the clinical trial altogether and that has not happened. We will have to wait for the result of the 8 week clinical review (started on July 2) by the Data Safety Monitoring Board.
I hate to beat a dead horse, but I’ve seen very little activity here in regards to comments relating to RGDO. Any thoughts on their current position? The stock was purchased by me after it initially dropped in value back in July when the trial was placed on hold. I figured the damage had been done at this point but boy was I wrong! Now with the recent news of the trial being terminated altogether, the stock dropped a great deal more. I’m not here to place blame or be critical of anyone. I’m a stock newbie and consider it a learning experience and I value the differing opinions on here. I’m willing to leave my RGDO stock as is for up to a year but I see little information out there pertaining to Regado’s future. In terms of biotech, I have little knowledge and this was my first venture in investing in stocks of this nature. Can anyone provide any feedback? Should I cut my losses and go or hang on to RGDO for a while in hopes I at least make my losses back. I bought it for $2.67. Thanks for any advice!
There has been a lot of discussion of RGDO here: http://www.stockgumshoe.com/2014/08/microblog-oxidation-for-health-physical-and-fiscal/
Thanks for pointing me in the right direction!