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Sunday, July 02, 2017 10:31:05 AM
Yes my opinion was wrong THEN, and the share price did not take off like I thought then....but again we are dealing in the Biotech world and nothing is ever certain!!
The company has come really really close in the past at major deals and breaking out, but yes, it has not happened and Lucy has pulled away the football a number of times, and they have been hammered with sabotage and some really bad luck.........BUT, THEY ARE STILL AROUND AND NOW STRONGER THAN EVER WITH A POWERFUL SCIENTIFIC MULTIFACETED PLATFORM, A SOLID AND PROFITABLE MANUFACTURING DIVISION, AND A STRONG BALANCE SHEET!!
So yes no guarantees, but based on sound logic and how the company has performed over the past year, I truly believe they have turned the corner and the share price will finally begin to reflect this over the next several quarters.
I just see it all coming together on several fronts and there is a lot of blue sky out there.
So lets see, my money is still on no R/S, but even if I am wrong here, too many other factors in play(like Ronin,Avid,Exosomes,BB's,etc.)for this company to fail!!
I still expect a multi billion dollar take out down the road....6, 12, 18 months???
Enjoy the week-end all!!
Recent CDMO News
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