Sorrento Therapeutics Inc (SRNE): We’re down to 1.08 this morning. Yesterd...

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Zchef

Re: ezyE post# 14234

Wednesday, 12/07/2022 8:29:52 AM

Wednesday, December 07, 2022 8:29:52 AM

We’re down to 1.08 this morning. Yesterday it had FDA clearance for a vaccine. Nobody cares. No analysts are covering it. Cantor Fitzgerald initiated coverage for it Nov 2 with overweight rating and price target of $5. Who’s Cantor Fitzgerald? Previous coverage was from B Riley Securities in Jan 2021. Nothing moves this stock. All the news in the world hasn’t moved it. It’s got 470m shares outstanding and 467m in float. I’m down 80% too and passing it on to my kids in my will. GLTA

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