No problem, that has been the confusion with MNLO since the merger etc. they had only been merged a short time and the perfect example is the two separate analysts covering MNLO from HC Wainwrights two sperate analysts.
H.C. Wainwright analyst Oscar Livant covered/researched etc. the one MNLO had PT $8 when MNLO failed the two trials he went to $2 because although they had no pipeline and Seroplant was now thrown in the bin he dropped to $2 because they had a shit ton of cash. He knew/knows nothing about FOMX that wasn't in his wheelhouse he can't give an opinion on it, so he went with what he had and knew, shit ton of cash and nothing else.
HC Wainwright analyst Ram Selvaraju for FOMX had it at 10-11 never $8 it has never in its history had a price target below $10.
Its apples and oranges, it is getting sorted though 2 of the 3 firms I buy reports on FOMX are going to be releasing new reports, then bye bye birdie. You had FOMX insane pipeline products, partners PDUFA June 2 recent commercial launch nationwide sales force in place manufacture sales for already set for quick launch after June 2 PDUFA Amzeeq partnership/licensing deal with $11 mil cash up front for the right to sell Amzeeq on the most populated market in the world and with expansion of that partnership with FMX-103 on the horizon.
It doesn't a rocket scientist to figure it out, but, I will be glad when the two reports hit, it will start to help clarify all the confusion. As I said before looking up info for MNLO you may as well look up info for Jonny's watermelon patch there is absolutely no real info in doing so.
Like I said my first post I only post for real investors on Ihub so they can understand realities as 99% of the posters on Ihub post headlines because they know nothing else, they just trade Letters.
Shorts hit it hard yesterday 58% short volume to many big blocks being loaded though, the street is buying IMHO after the Chinese/Taiwan/Macau deal and they too without a doubt no what I di that clarifications are coming from analysts for FOMX at least two haven't a clue about the other 3.
Peace out all.
