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Posted On: 04/07/2020 12:34:25 AM
Post# of 148933
So I checked out IMMU and did a quick limited comparison with CYDY.
IMMU is in a smidge better shape financially with ~$600M in cash, but they burn a shit ton every Q (~$357M) such that they would run out of cash in 2Qs. Today's price hike bumped their market cap to ~$4B.
CYDY has ~$1.5M in cash and burns ~$58M per Q, which is why they had to raise money recently. Their current market cap is ~$1.27B.
Comparing CYDY to IMMU, I think news that lero IS the drug to use to battle COVID-19 symptoms that kill easily justifies at least a double to $2.54B.
You're welcome.
IMMU is in a smidge better shape financially with ~$600M in cash, but they burn a shit ton every Q (~$357M) such that they would run out of cash in 2Qs. Today's price hike bumped their market cap to ~$4B.
CYDY has ~$1.5M in cash and burns ~$58M per Q, which is why they had to raise money recently. Their current market cap is ~$1.27B.
Comparing CYDY to IMMU, I think news that lero IS the drug to use to battle COVID-19 symptoms that kill easily justifies at least a double to $2.54B.
You're welcome.
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