Marker Therapeutics Inc (MRKR)

[Phantom Lord]

I honestly have no clue where this goes on approval. Until I see something that brings me to doubt myself, and I haven't yet, I will continue to stick with my opinion that the MC here should be somewhere between $1B - $2B. Current outstanding share count is ~83M. This would equate to a SP between $12.05 - $24.10. I like to look at the fully diluted numbers and last I checked I think the fully diluted share count was around ~115M. I think that was after the last offering so it should be the current number. Someone please correct me if I'm wrong. This would equate to a SP between $8.70 - $17.40.

I get that these are large ranges but I don't like picking a singular number due to the large fluctuations generally seen in these types of stocks. I personally see no reason MRKR should be under a MC of $500M (~$6/shr) right now but clearly the market doesn't agree. I am still expecting a rise into the Q1 2022 data to start sometime before the end of this year.