FreeMDT7 min read
Reading MDT into the data
MDT
Delayed
The thesis
The risk/reward into the readout is asymmetric if you size the basket right.
Pipeline option value is being given away at the current multiple.
What I'm watching
- label/indication scope
- adoption vs install base
- A clean move through the level I flag below
Positioning
Long on MDT, 6-36 months horizon. Conviction: Medium. Regulatory timing slips; the calendar is a guide, not a guarantee.
Opinion, not investment advice. The author may or may not hold positions discussed.
Opinion. The author may or may not hold positions discussed. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.
Comments
2 commentsStill one of the better write-ups on MDT.
Bookmarked this one at the time. Good call.