ATE.v/ATBPF -.01 to C$.39 stock keeps sinking. Bought a few more today at C$.40. I still think this drug has huge potential. It will take a few years but with the right partner and positive phase III results, this could be a billion dollar/yr drug. How long will Bayer wait before they pull the trigger. Think how much bigger the Aleve market would be if there were no GI tract issues. How many arthritis patients have quit Aleve because of stomach upset or bleeding stool?
This is totally blue sky but I think C$5 is possible in several years. I am holding my small stake until the cows come home. We'll see how patient I really am after a few more weeks of this slip sliding away.
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