Inovio Pharmaceuticals Inc (INO)

[mackwheaton]

MrG, you would be better served to research this yourself. I sold the remainder of my shares today and will sweat bullets until I buy some back when I feel the risk reward rebalances.

No stock gets a $500 million market cap at such early stages without careful scrutiny and enormous potential. Think late 1990s. This could be Google or this could be Pets.com. I lean toward the former for a few reasons. The vaccines use no live virus and can be easily modified. Some possess cure as well as preventive properties. The likelihood of interactions and complications are minimized.

The science is advanced, the scientists are among the most respected in the world. The potential is real, and the investment community is just beginning to become aware of it. I have yet to see a professional (MD, PharmD, DNA expert) say anything but good things and many are very excited about the possibility. I am sure a great deal of new money here is from those sources.

I can't say whether it is overvalued right now in the face of this enormous potential that has yet to be realized. That is for you to decide. I can say whether I buy more at less than today's close or at a higher price, I will own some of this again very soon because the upside is realistically $30 per share higher and the downside is only $3. That's just my assessment. Good luck!