Replies to post #59410 on PharmaCyte Biotech Inc (PMCB)

[$Pistol Pete$]

Agreed. $10-$100 is what Longs holding here

Go $PMCB

[The Promised Land]

Morning All

Good spot.

G W Pharma has been good to me and a good company and yest I agree.

I sold out my holding in G W in November and placed it on our PMCB for exactly those reasons.

Well spotted ;o)

Go PMCB!!!!!!!!

JC

[mwebb1514]

Given outstanding shares of both companies, our share price would be close to $3.50. But, I think we could get double that if trial is good. $4 to $7 range within a year?

[ace1234]

You do realize that at 113$ per share GWPH's market value is 3 Billion USD?

For PMCB to have the same dollars per share you would have a market cap of about 110$ billion dollars.

That's 1/10 of a trillion dollars and very few companies are worth that much. The top 50 companies on the DOW with the largest market cap start at 105 billion USD and end with APPLE at 652 Billion USD.
http://dogsofthedow.com/largest-companies-by-market-cap.htm

While I am not saying it isn't possible, when comparing stock prices of different companies you need to look at the market cap.

For PMCB to have a market cap of 3 Billion USD we would be looking at $3.52 per share.

30$ per share for PMCB is realistic, but you would be talking a market cap of about 27$ billion USD.

That is a huge chunk of the market, but with multiple cancers and diabetes, it can surpass these prices, and I believe that eventually they will, just not anytime in the near future.

4-8 years IMO.

Let's hit a dollar first, then get the buy out, watch it grow, further trials etc..

Everything will happen in due time.