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Re: InternetForumUser post# 2474

Saturday, 08/15/2015 10:33:53 AM

Saturday, August 15, 2015 10:33:53 AM

Post# of 5005
IFU, adding to our conversation yesterday, I ask myself which is more likely to happen?:

a market cap increasing from $25 Million to $50-60 Million

or

a market cap increasing from $225 Million to $450-500 Million

To me, there is something about the $300 Million market cap range that these small biotech stocks tend to hover around. It's a big reason AF can confidently say no biotech stock under $300 M has ever had a product approved by the FDA.
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