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S&P 500
5,224.36
(
0.06%
)
US TECH 100
17,745.60
(
0.13%
)
Dow Jones
39,406.32
(
-0.06%
)
Brent Oil
82.01
(
-1.45%
)
Bitcoin
61,160.03
(
-2.77%
)
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gilead23

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gilead23

Re: swanlinbar post# 62496

Thursday, 06/13/2019 9:24:55 AM

Thursday, June 13, 2019 9:24:55 AM

Post# of 113027
I figure with IFRX cooler heads will prevail

a 90%+ drop seemed unwarranted given there is still a development pipeline and they are trading at roughly half net cash. At their burn rate it will be quite awhile before they work down to cash value and there are opportunities for good things to happen well before they burn down to their market cap.

I'll be gone long before that though. It's just a trade.

When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.

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