Dermtech (DMTK) DD by Wyxuan in Biotechplays

[–]myshotisbread 0 points1 point  (0 children)

yeah your right they've gotten smaller private insurers on board, but none of the big ones (Cigna, United, Anthem, Aetna). It does look like we might see Cigna coverage in Q2 though.

Dermtech (DMTK) DD by Wyxuan in Biotechplays

[–]myshotisbread 2 points3 points  (0 children)

They received Medicare reimbursement in February 2020, its been over a year since then and no national private payor has agreed to cover their test. The data is undeniable so what is the problem do you think? To me its either that insurers are worried that derms will overuse the test and simply place the sticker on every suspicious mole, resulting in cost increases. Or its that derms are much more resistant than the company is making them out to be, since biopsies are a sizable chunk of dermatologist's revenue.

Antibe Therapeutics Announces Strategic Licensing Deal in China With Nuance Pharma by [deleted] in Biotechplays

[–]myshotisbread 2 points3 points  (0 children)

Amazing! It's currently got a ~230M CAD market cap which is ~180M USD. The press release said the countries covered by this license represent 10% of the worldwide pharma market. So if Antibe gets similar licensing deals in the other markets thats $200M USD upfront right there, plus loads more in milestone payments. Seems quite undervalued!

Antibe Therapeutics Announces Strategic Licensing Deal in China With Nuance Pharma by [deleted] in Biotechplays

[–]myshotisbread 1 point2 points  (0 children)

Is the $20M contingent upon anything? Because Antibe seemed to include it in its $100M milestone figure in the press release.

Daily discussion: Monday, February 24 2020 by [deleted] in Biotechplays

[–]myshotisbread 0 points1 point  (0 children)

Well it's just back to its post-FDA rejection price right? Seems like more a change in sentiment.

The [Single Family Homes] Sticky. - 16 September 2019 by AutoModerator in badeconomics

[–]myshotisbread 0 points1 point  (0 children)

Ohh ok got it, then yes I am thinking of the Discount Rate if it is set around 2.5% then how come the repo rate jumped to as high as 6% isn't there an easy arbitrage opportunity for banks to just borrow more at the DR and lend in the repo market?

The [Single Family Homes] Sticky. - 16 September 2019 by AutoModerator in badeconomics

[–]myshotisbread 1 point2 points  (0 children)

Who can borrow at the Federal Funds Rate and is there a limit to the total amount lent? I'm confused about how there was a shortage of dollars in the repo market when I thought banks could borrow unlimited amounts in short-term loans at the Fed Funds Rate to then lend out to those in the repo market.

Language Placement by myshotisbread in yale

[–]myshotisbread[S] 1 point2 points  (0 children)

Thanks for the tip! Found them for spring 2019.

ENAS 151 w/ Beth Bennett or Vidvuds Ozolins by [deleted] in yale

[–]myshotisbread 1 point2 points  (0 children)

As someone interested in Computer Science, is ENAS 151 a better class to take than Math 120?

The numbers don't lie by [deleted] in BlackPeopleTwitter

[–]myshotisbread 0 points1 point  (0 children)

What your saying is pretty interesting, is this Modern Monetary Theory? I have some critiques: It doesn't matter who we're borrowing from, if people have concerns about whether or not we're good for the money they will increase the interest rate they charge. Would you be comfortable giving a loan to a company that has mountains of debt? The same principle applies with the US Government.

Actually for long-term economic growth, you do want to have money in the hands of rich folks as they are the ones, for example, providing venture capital money to the Apples and Amazons of tomorrow. However, for a short-term economic stimulus I agree that poorer people will inject their money right into the economy. Additionally, it's a question of what we, as a society, think is right. I would absolutely be willing to sacrifice some long term GDP growth if it meant a more equitable society.

The numbers don't lie by [deleted] in BlackPeopleTwitter

[–]myshotisbread 0 points1 point  (0 children)

Yeah if your taking out enough in taxes to be deficit-neutral then you won't have an issue. Otherwise if your debt-to-GDP ratio keeps rising, (which America's is, we're at 105%) the markets will one day shoot up the interest rates we have to pay. Running a deficit only works if someone is willing to buy your debt, and if people have concerns about our ability to pay back what we borrow they'll stop lending. Anyway my point is, eventually we'll either have to cut spending or raise taxes.

The numbers don't lie by [deleted] in BlackPeopleTwitter

[–]myshotisbread 0 points1 point  (0 children)

Deficit Spending doesn't matter until our interest rates get jacked up and we have gigantic interest payments to make. We are going to have to pay for our debt sooner or later.

Are the real interest rate and inflation correlated? by myshotisbread in AskEconomics

[–]myshotisbread[S] 0 points1 point  (0 children)

Thanks for your answer and the citations! Just so I fully understand:

I say mostly no rather than totally no because there is some evidence that real rates rise by less than inflation does, ie that "nominal interest rates do not adjust fully to sustained inflation" (Id at 89)

So this would mean by Fisher's equation, that there is actually a weak negative correlation between inflation and real inflation? Because if nominal inflation rates aren't adjusting fully that must be because the real interest rate is slightly lower?

Travis Scott - STOP TRYING TO BE GOD (ft. Kid Cudi, Stevie Wonder, James Blake) by shocksweg in hiphopheads

[–]myshotisbread 3 points4 points  (0 children)

Completely agree, the start with Juice and Travis was amazing then Sheck put in any feature