Jul. 17 at 10:16 PM
$COYA So the reality is some investors are concerned about Dr Reddy's 483 they received on June 25th. The reality is the stick was
$5.13 on that day which was Thursday... The following day we were up to
$5.50....
So you had all weekend to digest the RDY news...The ALLSTARS TRIAL HAS NOT STOPPED...So on Monday the 29th of June we hit
$6.10....Again all weekend long to think about the RDY NEWS....nada...
In fact we averaged the next 9 yrading days
$5.76....Clearly people knew the news.
In July 9th RDY received semaglutide news their version of the GLP shot...Had issues..Fir whatever reason on that day we went from
$5.50 to
$5.23...People were associating that with us as Lately ive been asked many questiins regarding that has ZERO to do with us. It is a potential loss of 200m in revs to RDY...in fact it is more likely that they are DESPERATE to make a move on us...
I made a huge mistake years ago on PRVB selling 2 weeks at
$9 Before Sanofi bought PRVB at
$25..similiar set up..
