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Lemoncat

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Lemoncat

Re: Blue Fin post# 362950

Friday, 06/18/2021 1:20:00 PM

Friday, June 18, 2021 1:20:00 PM

Post# of 403091
$15 billion on a phase 2 trial?

Break that down for us. You think the market is going to immediately give us credit for 2020 Remdesivir revenue AND slap a 7x PE on it (as though COVID will continue at 2020 levels for 7 years)?

$1.5 billion would be an extremely strong valuation for good phase 2 results. That's similar to what CYDY, Relief andHGEN enjoyed.Help me imagine where the other $13 billion comes from.

Go IPIX!

Hodling IPIX with Diamond Paws since 2015.
Honorary IPIX Soft Pumper.

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