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Re: truffleberry post# 3584

Sunday, 10/14/2018 11:56:52 AM

Sunday, October 14, 2018 11:56:52 AM

Post# of 7476
Thank you for your research. I am weak in that. I was hoping for a doctor reply and you sound like one. I appreciate. ALLOGENE (ALLO) which went public on Thursday is all about treating cancers in the blood. I was lucky to know someone who was able to get me 200 shares at IPO price of 18. Just to show you how much CNBX have to go TO SUCCEED. ALLO is worth 2 billions plus 1 billion of intrinsic value and their goal is 5 years. M. Funds poured money into it after it went public. However the real winners are the VC and other financed debt that went before the IPO.
I invested before in other Israeli companies (SPCB) which have not done well. I am betting on the smarts of the Israelis. Unless CNBX finds a big partners with deep pockets, the chances are 50/50 or less to succeed.
Again, let's watch the volume in the next 2 weeks.