Sorrento Therapeutics Inc (SRNE)

[dia76ca]

Interesting opinions from M.
"Covid is a Global War and SRNE is an Arms Dealer

Once SRNE gets 2-3 EUA’s from FDA, with approval from Brazil / Mexico / Europe, etc. to follow, SRNE will be able to sell every Covi-Stix test, every 5656 pill, and every 8282 dose they and their partners can supply. Based on interim updates that Dr. Ji has publicly shared thus far, that’s the low hanging fruit to push SRNE north of $50/sh by 6/30.

In Q3, what happens with (i) SP-102, (ii) Abivertinib approval for NSCLC in China, and (iii) clinical progress on AMG-2020, Covi-Drops plus Covi-Shield will help Wall Street to clarify the full value of SRNE’s late-stage pipeline and revenue opportunity. The money cards are SP-102 and Abivertinib for NSCLC.

If we miss on (i) and (ii), then Wall Street focus stays 100% Covid. But if we have positive scientific results on SP-102 or an approval in China on NSCLC, SRNE SP will explode towards triple digits !! JP Morgan and Goldman, kings of the fee business and hired guns to Big Pharma, will organize an auction so fast that guarantees Dr. Ji exercises 100% of his options above $135/sh, and the winning Big Pharma bidder walks with SRNE in a merger (cash and stock) in 1Q22 ??

Doesn’t matter if SRNE hits the motherload this summer, no one’s going to allow SRNE to become a $200BL-300BL. Business doesn’t work like that. Pharma industry is more Five Families and less Alice in Wonderland. FDA, Fauci and ALL politicians are in the pocket of Big Pharma, a revolving door of second careers, lucrative consulting and fungible lobbying fees. Ji knows this too, $135/sh strike price on his last tranche of options was not some random number. Ji’s telegraphed his number.

Know what you own. GLTA !"