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Re: manibiotech post# 251878

Friday, 11/15/2019 5:20:55 PM

Friday, November 15, 2019 5:20:55 PM

Post# of 689034
I'm suggesting much more than a double, but perhaps not on day one of top line results, not if they're released in the normal PR. If something more spectacular occurred, a major article in the NY Times or Wall St. Journal, then much could happen on day one, but I'm only speaking of what I'm expecting an hour after the market opens.

On emotion no telling how high the share price will go, but ultimately I think you need to look at market cap, and sustaining a market cap above a few billion until more is known, and perhaps a partnership enters the picture. If we had a half billion shares outstanding, each billion in market cap would represent $2 in share price, but with the higher share price, many warrants, etc would come into play and our share count might be closer to a billion, making each billion just over a dollar in share price.

Of course on approval it's a totally different matter, likewise after a partnership, but a market cap in double digit billions simply needs more than a very positive top line result.

Gary

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