IGC Pharma, Inc. (IGC)

[surfer44]

Don't know about the pre-market action.

Here's my take on the stock. Might be a good trading vehicle but as a long term investor I see this as a fully priced growth stock with a great balance sheet. 27 million in cash is something they never had before. It gives them options. Nice to have access to India.

I'm not buying at this time. I need to see earnings growth, a big price drop, or business expansion. Pre-clinical trials for marijuana is not going to cut it.