Help with some feedback on these questions
Post# of 72440
1). If the news today on the SI number is so great relative to other candidates, why the lack of movement on the stock? I read the post a little while ago about the system holding it down but seems to me a great score is a great score. They did a press release with the great score. Regardless of it being potentially held down artificially, why wouldn't that score just speak for itself? If a small biotech has a cure for some type of cancer, it often explodes. Today's news just seems significant and it worries me that the stock didn't move at all.
2). Having been burned in a number of biotechs, where cash and burn is often a problem, just curious as to how they are funding operations right now. I read through their annual report and it looks like just issuing warrants or other classes of stock continually? Obvious this is a hero or zero play so cash may not matter at all because it either works and they'll have all the money they need and then some or they'll not survive. Thoughts on how they can drag this out long enough to get to the finish line? government grant I'd assume?
3) I have a sell order in for $30/share so no one can have any of it to short but any wild assed guess on what true effectiveness could look like for share price? I know there are 100 ways to extrapolate a future value (buyout, partnership, go it alone, etc) and then a random guess as to how many people worldwide would need the treatment. So let me ask it another way....what are you guys that seem to really know your stuff here think is a price you'd be happy with six months from now that's not far-fetched? Not "I'll not sell for less then $500/share" type stuff, just real answers that are educated guesses on value if B works for covid.
4). ALL things considered (politics, funding, trial results, getting beat to market, etc), what are some educated guesses on B being the real deal and this stock exploding? I'll take anything over 35% odds, be comfortable and add more to my position. Over 50% would be fantastic.
Thanks in advance! I will say that some of the posts on here are as legit as I've ever seen on a message board. I am not a medical expert but there are some highly educated and informed people on here that seem to have a good handle on things. A very convincing handle I'd say. Just don't want to have $5,000 +/- in this thing later this week if it's just wasting it with little to no chance.