InvestorsHub Logo
Followers 48
Posts 353
Boards Moderated 0
Alias Born 03/18/2009

Re: Globewriter post# 30994

Saturday, 07/10/2021 3:37:28 PM

Saturday, July 10, 2021 3:37:28 PM

Post# of 42545
I said that…

I was going to step away from my computer for a few days. Why…???
because nothing of significance will occur to effect the share price until the EUA is granted or not. In my view the result will have a binary reaction. We will sink like a rock or fly like an eagle. Watching the moment to moment price swings is not good for my fragile brain and emotional state.

Some people are good at looking at charts to determine were the stock price will go. I am still amazed at some peoples ability that have posted on boards over the vears. I have no such skills. As a retired engineer and as a person who spent a lifetime in science I cannot wrap my head around something that is, at best, a pseudo- science where there are more exception to the rules than there are rules.

Having said that...To your question...“In the meantime which stock might go to $50 first CDMO or HGEN?”

In some ways its the like the tortoise and the hare. CDMO is like the tortoise, slowly but steadily moving forward with their plan to increase revenue and exceeding stated goals. They are in the middle of a significant expansion of capacity. Going from a current max. revenue of ~ $120M to a projected ~ $250M. When will that happen you ask…??? Probably within the next 2 to 3 years. HGEN on the other hand is the hare, granted a EUA and it’s off to the races...NOT, and it’s a heart attack at the starting gate…!!!

What do I think will happen to HGEN if granted? I think that we will see the same market reaction that occurred when the PIII results were reported...And perhaps the same fade afterwards. When do I think that we will take off…??? Right after the 9/30 Third Quarterly Report issued around Nov.

Now back to your question…
If EUA is granted HGEN will be +$50 by the end of this calendar year.
CDMO will be +$50 within the next two years…

In any case I have them both...(Smiley face emoji here)

Hope we will have a lot to talk about on the 15th

Regards
golfho

"We must, indeed, all hang together, or most assuredly we shall all hang separately." - Benjamin Franklin