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Re: Pedro2004 post# 137

Thursday, 12/17/2020 12:38:41 AM

Thursday, December 17, 2020 12:38:41 AM

Post# of 164
I'm not sure in what way it is recognizable, but it is interesting that you think so. We should agree to disagree. Oddly enough, I haven't invested in this yet - I was thinking about it at $3.70, as Ultragenyx clearly knew what they were doing putting in $40 million at $5.11, but I thought I had more time before they developed further. The $90 million investment at $3.70 changed the whole game, and now the floor is clearly $3.70 unless they have a developmental mishap. I think it's overpriced right now, but when the flurry of activity dwindles and it slowly sinks back toward $4.00 assuming the absence of any major near-term news, I could be very interested in getting in dependent on their future progress.
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