If the best case scenario you lay out comes to pass, then yes, we could have an Apple on our hands as you say, or Amgen as I tend to think of it.
But how often do best case scenarios play out?
I’ll leave it at that, other than to say I can imagine a couple of possibilities that might put a ding in our dream. Realistic valuations would try to take them into account.
The hyperbolic prediction that triggered this thread was .33 x 10 x 10 x 10 x 10 x 10, in the 5 days after release of data. Not sure what happens on the first of many approvals.
At 500 million shares, that’s a $15 TRILLION dollar market cap. But that was an underestimate, because all the options and warrants will be exercised after the first day. So $30 trillion.
The US economy is just over $20 trillion.
As they say in Washington, a trillion here, a trillion there, and after a while you’re talking real money.
I guess the headlines we’re overlooking are “Trump Elected to Second Term as Economy Vaults into Orbit!” and “LP Becomes First Female VP!”
Serious question — do you think that it is wise to enable absurd assertions like 30T valuations?
BTW, I’m long NWBO since roughly 2011, and have invested double my normal max position size in NWBO. It is actually triple in size because of the recent run up. Last purchases were in November and December. I’m actually so bullish on NWBO that I’m breaking my money management rules.
