InvestorsHub Logo
Followers 14
Posts 1041
Boards Moderated 0
Alias Born 10/20/2017

Re: None

Friday, 07/23/2021 6:46:57 PM

Friday, July 23, 2021 6:46:57 PM

Post# of 14943
We have been getting a flood of great news. Plenty of progress. There has been no denials from the FDA which is great news. Just waiting on approvals. You cannot blame Sorrento therapeutics or Dr Ji for the stock price. The stock price is what it is and it's being manipulated. Once we get financials on the new revenue, that's when our stock price will reflect earnings and the market cap. I think Sorrento therapeutics will be evaluated on basic market cap and earnings to reflect the actual price. I don't believe that the price will go up based on rumors and approvals without financials. Investors want to see earnings. Even if they get approvals and everything looks good they don't want to put their money into this company because it still is a young company and not a major pharmaceutical/but pharma so they will play this game for a while until some Sorrento proves themselves with substantial earnings to reflect market cap and shares outstanding. Basically fundamentals. Just my opinion.

Next stop HUMBL Street. Transfers to the S the R the N and the E train.Beware of the closing doors please.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SRNE News