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wadegarret

09/08/18 7:09 PM

#53373 RE: dickmilde #53372

dickmilde- I guess if I can't value a stock

using at least future earnings estimates, I generally don't feel comfortable owning them. The only exception for me is biotechs. However even with them, I generally have some sort of valuation basis. Right now for example, I own GERN. However I have some idea from reading many other opinions of how much this type of cancer drug might get in a buyout, I feel it is selling at about 25% of that now. Also the drug is not that far from FDA approval and has fast track designation as well.

Anyway, if there is some way you can show me how to project future earnings of CRON for example, I'm all ears.