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Re: BigBanger2020 post# 2256

Friday, 12/25/2020 3:40:54 PM

Friday, December 25, 2020 3:40:54 PM

Post# of 9407
I plan on holding much longer than 3 months but also know a lot can happen between now and March. i assume MMEDF is going to be uplisted to NASDAQ at any time for starters. MMEDF has a mkt cap of about $1B atm. CMPS $2B. I see no reason MMEDF with 6 trials can’t be worth as much as CMPS, which has 1 trial currently. That would be about $6 share price for MMEDF. Technically speaking, on a chart if MMEDF gets through the old highs of $5, an extension of that rally could take it to the $8 range. If things get really giggly, i have found stocks tend to gravitate towards round numbers, which could lend to a further extension so MMEDF gets a taste of double digits. MMEDF at $10 would be a mkt cap in the $3B range. While many may think that seems high, I’d just say over the years I have seen a lot of companies with much less going for them worth more.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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