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mpreorder

09/30/17 10:38 AM

#36800 RE: ignatiusrielly35 #36799

Thanks ig. Emotions have been running high lately with the sp the way it is and people constantly repeating the same things and giving valuations based on emotions. I'm just trying to point out there is a better way to look at this. I know nothing is set in stone and that new data or tech can change things overnight. That's just the nature of biotech. But while all on who read this board have absolutely no control over what happens next, we CAN and SHOULD know if we are presented with a raw deal or a good one. This is not an impossible task for us; I've seen some truly amazing DD over the years here.
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gold007_2000

09/30/17 10:42 AM

#36801 RE: ignatiusrielly35 #36799

We are not talking about 4-5 years from now, we are talking about right now guys. we don't even have enough cash to last through 2019.
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trading_cyclist

09/30/17 1:53 PM

#36820 RE: ignatiusrielly35 #36799

Actually, for biotech (see "DRUGS: Biotech in attachment) the price/sales ratio is more closer to 6 (5.82 according to this Source

TC