Coronado Biosciences, Inc. (NASDAQ:CNDO)

CAPS Rating: 2 out of 5


Player Avatar zzlangerhans (99.85) Submitted: 6/14/2013 12:40:41 PM : Underperform Start Price: $9.09 CNDO Score: +10.22

Wheee! After riding a wave of speculation for a nice virtual gain, it's time to rejoin reality and call BS on Coronado. Whipworm eggs to treat autoimmune disease might sound completely reasonable to some people, but I see it as farfetched to the border of insanity. If you wonder why high level executives and scientists would spend years pursuing a completely irrational scientific endeavor, my answer would be that I don't know but I see it happen all the time. The fact that Coronado management is confident does not make me confident. Pull out all the pretty epidemiologically colored world maps you want, I will snarf my corn flakes if I open up my watchlist one morning and find out this works. Topline results from the TRUST-1 phase II trial of the magic beans in ulcerative colitis are expected in the second half of 2013, so we don't have too long to wait.

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