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Cshom67

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Cshom67

Re: Sunofwolf post# 5900

Wednesday, 03/15/2017 10:21:23 AM

Wednesday, March 15, 2017 10:21:23 AM

Post# of 8169
Sure - the company's valuation is certainly low, but you also have to look at historical performance data. CLRB has been around since 2004. They had multiple trials with CLR131 and did not continue after solid tumor Phase 1 studies because they were unsuccessful. Their Phase 2 study of CLR124 got chopped halfway.

As much as they praise the platform, history tells a different story and some investors may have lost trust /may not share the same optimism. Hence the low-ball price tag...
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