First, I would be thrilled if nwbo gets to $20-$30 (and still very pleased at or above $10) and ecstatic at any price above $50.
I agree Merck is a monster and if nwbo is to become a Merck it will take building up all the functional infrastructure that nwbo currently lacks and a cash and credit hoard, and more.
It’s not impossible and it’s possible to accomplish the above in much less time than it used to especially if the disruptive products can be made faster and with less capital requirements than the existing products.
A case in point is Tesla, where one could have looked at the challenges of a startup going up against GM, Volkswagen, Ford, etc., each monsters.
Musk, an attractive design, and state of the art manufacturing, along with not needing a huge and expensive sales and delivery (like DCVax) and no doubt getting a big premium market cap that is based on future promise as much as today’s value, and the wildcard Musk factor, and Tesla’s market cap is more than the established companies combined!
It may not stay that way as the competition tries to catch up and if the extra multiples become unwarranted, but this meteoric rise happened.
Just based on a going viral craze to get into a stock, it can quickly reach crazy and unwarranted share price for a short time.
Brooklyn Biotechnology was at a buck or two and shot up to around $60 bucks within a few days, and last I glanced at it it’s share price was back in the low single digits. I don’t think they have a product yet but it spiked on a positive catalyst.
So deserved or not I wouldn’t rule out a crazy spike for nwbo if the story gets the right kind of press coverage and market attention.
But again I think many of us would be richly rewarded for our long term (and you lucky/smart recent investors) investment without the spike scenario.
Btw, I am long MRK, BMY, LLY, PFE, JNJ, and still believe nwbo will be a better returning investment than the others combined for me imo !
Then again I’m the perma optimist and cheer Hail Mary plays in football and shots from beyond mid court at the buzzer in basketball!!!
