Saturday, July 06, 2019 10:22:06 AM
It's hard to say Theburg. It will be a total guess what we open the day of results, especially since we don't know what price we'll be going in. If we get clear results I still think you might could get in below 20 bucks. Obviously there will be a big gap up but who knows what warrants get cashed in and such. It happened similarly with AXSM. they opened in the 8s and 9s (which was a triple) but pulled back to the 7s before gaining traction and climbing through a couple money raises along the way to their billion dollar market cap within 6 months.
I think clear results for us, followed by partnerships, some type of fast tracking, additional trials by 3rd parties such as for MS or Fragile X, likely presentation at CTAD in December (which would be blockbuster), massively increased institutional ownership, and spiked media coverage will do a lot to help eat through any warrants and help increase the market cap in the second half of this year. Whether we make it to a billion+ market cap by EOY is anyone's guess but its doable based on similar examples.
If results are not clear cut, we'll likely open with a 50% haircut from whatever price we start. That's why its hard to chase these things, at least from my investing perspective. It's all about risk/reward. JMHO
I think clear results for us, followed by partnerships, some type of fast tracking, additional trials by 3rd parties such as for MS or Fragile X, likely presentation at CTAD in December (which would be blockbuster), massively increased institutional ownership, and spiked media coverage will do a lot to help eat through any warrants and help increase the market cap in the second half of this year. Whether we make it to a billion+ market cap by EOY is anyone's guess but its doable based on similar examples.
If results are not clear cut, we'll likely open with a 50% haircut from whatever price we start. That's why its hard to chase these things, at least from my investing perspective. It's all about risk/reward. JMHO
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