It should be, but we have some external factors that may be influencing stock price. This is an OTC stock even though it's on QB. MM's may have a role in clamping this thing down?
I honestly think a dollar is too much right now. People would be selling this thing like crazy. I like where it's at now, but would prefer the .20's or 30's.
It's stable and shows a lot of optimism. We will get there though, eventually. If it was a dollar at this point, I might even sell, I know it's crazy, but I would expect the price to drop at least 20-30 cents. I would buy back in, but I would expect there to be WAY more profit taking. We can barely get out and into the .20's because of the profit takers now... imagine a dollar.
Not to mention the market value of this stock would have to be at about 1 billion USD.
Even with FDA approval, we may not see 1$ until trails start.
With good, positive results I see the market cap going over 1$ billion. I believe we will hit 1$ around the time we are mid way through trails, but I could easily be wrong. I think by that time the price will fluctuate, give or take, but will be steady above 1$. Once news hits of the results, we can expect it to grow really fast then, up until the buyout, if it hadn't happened already.
My opinion.
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