Thursday, May 30, 2019 4:22:54 AM
Don't count your chickens, turkeys or whatever until.... You know what.
My post does not imply any price in that range. If top line is mixed or an outright failure, the share price will surely be below a dollar.
If results are splendid as per top line announced after ASCO, the price may indeed exceed a dollar or more but it depend from what the then share price is. If announcement of top line is delayed to the latter part of the year, the share price at that time will have eroded significantly. If the share price then is in the lower to mid-teens, I don't think that the share price will hit a dollar. I envision about a 6x multiple. If, however, ASCO comes through with a good and credible update, followed by a mid-late summer top line, I can envision a price range closing in on about $2.00. But a $100? Right now, unfortunately, it is not in the cards. It's possible in the very long future but most won't wait for it. JMHO.
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