Thursday, November 09, 2017 8:59:49 AM
I’ve seen multiple small companies act this way but the only thing that bothers me, and I’m wary about is
But where I differ with you is at what price to sell at. If Ariad was bought by Takeda for $5.2B and at the time analysts were predicting Inclusig sales at $500M at peak I can easily see Spectrum going to $40 per share in a couple of years just on Poziotinib alone. Add Rolontis to the mix and perhaps apaziquone and revenue from existing drugs and I see the share price easily surpassing that. So as long as the news on Pozi continues to br positive I will do most of my selling above $40. Will sell some shares to live on but that’s hopefully not much. What I am counting on is the P3 NWBOs DCVax-L trial, with news possible occurring any day to the next 6 months, is positive (I’m down 85% on the stock at the moment) and if so, look at other stocks such as the ones you suggest. But in the meantime, I’ll keep a couple of those on my watch list.
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