bios- interesting reaction of yours
Why so personal?
Why only reacting to this last not positive statement of mine?
Another thing I have noticed is that this stock has been promoted across quite many social media.
That might be suspicious, I don't know.
Then one important metric should be valuation?
One rough example ..
Uetis US Valuation
Market Size 210k eyes or $466M in 2020 (slides)
Let's use conservative multiples now:
$460M market size -> $23M revenue @ 10% market penetration
$23M gross profits or EBITDA @ 50% margin
$18.4M MCAP or $0.575/sh P/E 1 @ 20% discount late stage phase
.. now multiple w/ an P/E factor at your will.
P/E 10: $184M MCAP or $5.75/sh for example
So we see, the given PTs of around $5+ are already quite high at the maximum possible valuation for this drug.