Biotech Values

[steveporsche]

Quote:
--------------------------------------------------------------------------------
CLDX -So, I don't understand why someone would key in on 110 when trying to come up with a fair valuation for CLDX and ignore 011. Doesn't make much sense to me.
--------------------------------------------------------------------------------

That is why I wrote "FWIW". Personally, I think most of the biotech analysts take the current stock price and add 20% if they like the stock or subtract 20% if they dislike it, and totally make up the rest of their assumptions to fit their target price.