We were really gumming up the Stock thread so..........
Boom or bust with this one: CYDY. Biotech drug maker awaiting FDA approval for new HIV drug among other things. Here's an article from Seeking Alpha that came out last month.
FYI: Stocks that trade @ ~$0.34 are more likely to go to $0 than $1. I think this will be an exception.
I am trying to understand today's PR and calculate some p-values based on the numbers. Placebo had 28 participants and 11 SAEs for a success rate of 17/28. Drug had 56 participants and 8 SAEs for a success rate of 48/56.
Here are the inputs and result from a two proportion hypothesis test. It returns a p-value of ~0.0078 which is very significant. However, this doesn't tell the entire tale because some patients had more than one SAE so the total number of placebo patients who had an SAE was 6/28 and total drug patients with an SAE was 5/56.
I don't know how to adjust for the above--anyone have a suggestion. Anyone have a suggestion?
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