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STML - Stemline Therapeutics: Updating The Investment Thesis
Stemline Therapeutics Inc.
It is a principle of diplomacy that one must know something of the truth in order to lie convincingly." - Tom Clancy, The Hunt for Red October
Today, we revisit a small oncology name. Like most small biotech stocks (and the majority of the overall market), the shares have been under pressure here over a six-week sell-off. However, they are up nicely since we last profiled the company some three months ago. We provide an updated investment thesis on this name in the paragraphs below.