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Dumotier21

02/26/17 12:44 PM

#58788 RE: madtrader2132 #58784

No argument from me. I was just trying to keep things simple, and conservative, for the guy who thinks $8 billion market cap is unrealistic.

zombywolf

02/26/17 1:06 PM

#58798 RE: madtrader2132 #58784

I calculated a conservative revenue figure of

$30MM per 1% of the market in an earlier post. 20% of the market
would equate roughly to $600MM revenue. Cut that in half to remove taxes and expenses and you have a net earn of $300MM. Divided by
141MM shares and you have an EPS of 2.12. Biotechs have P/E's in the
hundreds, so a low one would be 100= $212 share price. 50% market share would be a crazy number.

What's that about not being able to support an $8B market cap?