Replies to post #4581 on Biostax Corp (BTAX)

[Herold]

Look at the chart for REGN from 2011-15

[la_trader]

they typically blow up in proportion with anticipated size of market and the potential revenue (e.g. 60 billion market for the drug and company stands to capture 10%, as an example)

or, they are bought out by larger drug co and the offer equals a certain price per share- example, co was trading at $1 and offer to buy was for $15/share in cash and equivalents.


some of the news here leads to imum generating 30mil or more per year, so if that is indeed true then the market cap should be at least 1x to 2x that amount up to 10x. divide market cap by outstanding shares, will give you an idea of future share price potential.

[CannaZoid]

I think a lot depends on the quality or content of the news story. If we get an authentic revenue generating story, it will go up a lot more than if we get another forward looking, “we’re making headway” story... LA_Trader has a better answer on % gains, I can only think it goes up larger with a revenue Generating Story! GLTA