Sorrento Therapeutics Inc (SRNE)

[Brandywhitneylady]

From simplywall.st.com…
“The earnings for companies in the Pharmaceuticals industry have grown 21% per year over the last three years.
Revenues for these companies have grown 13% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.”

I don’t think many “players” like Sorrento claims to be (“we believe we have a cure for covid”), have lost over 90%of its value in the past year. Company is in bankruptcy, and CEO has no credibility on Wall Street. I am not trying to argue, just stating fact. What happened to Celularity? $13 stock, now below a dollar, you don’t think Scilex will be next? Wait until restrictions are removed and mass selling takes place. We were scammed.