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Thursday, April 09, 2015 3:57:53 PM
I've been in this stock deep from ENTB, BMSN for 3-4 yrs now. This stock has always showed promise but never delivered.
With all the patents to IND applications to hiring and firing of people, I don't think its going to be as quick as you think. If we had FDA approval, then maybe.
But they won't sell the company to Big Pharma. They want to sell after phase I/II of clinical trials. If they can't get to clinical trials, they won't sell.
After this conference, they won't sell. They may announce a partnership with another company, but that won't affect the pps drastically.
Their business model has always been they want to sell after phase I/II clinical trials. If we get IND approval from the FDA, then that's when you'll see a ton of interest and possibly a buy out.
I'll bring this post up in May. If you're right, drinks on me. If I'm right, would you sell me some of your shares??
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