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Sunday, December 10, 2017 3:46:24 PM
$SAGE$ was at a $2.6B market cap less than 30 days ago. Two promising drugs in phase 2 (and not even FDA approvals yet!) had positive trial results:
First report of first drug trial 11/09 popped Shares $40, from $60 to $100 in ONE DAY and raised market cap by $1.6B.
Second drug, phase 2 trial report, on 12/07 popped Shares an additional $70 dollars and raised its market cap an ADDITIONAL $2.8B
What is relevant to the market is not what the company's stock is trading at...but the intrinsic value of the drug (IP) with positive results to the BP marketplace!!!! (which you already knew).
Now a $1.6B gain in Market Cap for IPIX would bring SP to over $12, as second positive result (very possible for IPIX, if not likely) and a $2.8B gain in market cap for IPIX would increase SP another $20.00 and bring the combined to $32.00!
Doing non-MXAMDAD math... that gives IPIX a 3,200% increase, not 52%!
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
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