InvestorsHub Logo
Followers 0
Posts 50
Boards Moderated 0
Alias Born 04/29/2012

Re: curryhurry post# 2680

Thursday, 05/09/2019 2:40:36 PM

Thursday, May 09, 2019 2:40:36 PM

Post# of 8991
You may want to focus more on the developments of the company instead of moves in the stock price today, tomorrow or next month.

Here is a PR from Portage Biotech, symbol PTGEF: https://www.prnewswire.com/news-releases/portage-announces-change-of-ceo-300843997.html

The initial valuation of Biohaven was $3.5M just 3.5 years ago. Biohaven being a sub of Portage.

The valuation today stands at $2.5 Billion.

Had you stuck with Portage for the 3.5 years, you would have had a 95X return.

Moral of the story, find a company you like, follow the developments, chat with management and have a long term outlook.

Oh and by the way, the company was co founded by the CEO (to be) of Wuhan - CEO of MJ Medtech.