I bought Bitcoin Investment Trust (GBTC) around $1
Post# of 30067
(Total Views: 511)
Posted On: 12/15/2017 5:53:23 PM
Re: jamiejaytrader #25622
I bought Bitcoin Investment Trust (GBTC) around $100 and sold it for a small gain. Everyone was saying it was going nowhere, going to crash, etc. Now at $2,699, I am beginning to think they were wrong.
The thing with AMBS is it's easy to forget it's really 3 companies. One with 3 indications at phase II, another one that is already proven AND with no competition AND endorsed by two of the past presidents of ABA and the others to follow AND the across the board potential of MANF in so many indications. Also throw in all the IP and Orphan designations too,.
When was the market cap $160M? Not sure they even owned ESS when it was. Using the comps in the slide below, Elto could be valued at that alone.
Ask yourself this question. If you could only pick one of the 3 companies to own, which one would you pick? Very difficult choice as each has so much potential. Right now you can own all 3.
Let's say the market cap is $13M today and each of the companies are valued at $160M. That's a 37x ROI just to get to the valued state let along the potential.
The company was priced lower than if it was going out of business. With that weight removed, I think this has a lot of room to move even over the holidays.
The thing with AMBS is it's easy to forget it's really 3 companies. One with 3 indications at phase II, another one that is already proven AND with no competition AND endorsed by two of the past presidents of ABA and the others to follow AND the across the board potential of MANF in so many indications. Also throw in all the IP and Orphan designations too,.
When was the market cap $160M? Not sure they even owned ESS when it was. Using the comps in the slide below, Elto could be valued at that alone.
Ask yourself this question. If you could only pick one of the 3 companies to own, which one would you pick? Very difficult choice as each has so much potential. Right now you can own all 3.
Let's say the market cap is $13M today and each of the companies are valued at $160M. That's a 37x ROI just to get to the valued state let along the potential.
The company was priced lower than if it was going out of business. With that weight removed, I think this has a lot of room to move even over the holidays.
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