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tryn2

06/30/20 11:28 AM

#292750 RE: drugrunner #292740

You still gonna sell 1/3 the day of TLD release...???

Oops.... EDIT: this post was meant for BSB... sorry.
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trocprofit

06/30/20 11:39 AM

#292755 RE: drugrunner #292740

I disagree with those who think this is a binary event. I think there are several iterations of the data (mOS, OS, PFS), subgroups, tumor types, crossover....all things that if not a 550ft home run, could still clear the wall!
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skitahoe

06/30/20 3:14 PM

#292835 RE: drugrunner #292740

Druggie,

While I certainly hope you're right, and you may be on emotion, a $10 stock price equates to nearly a $10 billion market cap once all warrants are converted. I believe there have been very few biotechs that have sustained market caps of $10 to $20 billion by themselves before drug approval. I emphasize the by themselves, if a partner comes in for a share of the company, it would establish the market cap for the company, and that could very well go to $20 billion or more.

Say for instance a partner took 25% of the company for $5 billion up front, that would immediately put our market cap at $20 billion. I can't say that will happen, but believe it's possible.

I also believe that when the news comes out on TLD, when people see a stock that's trading for anywhere in the dollar range will purchase on emotion, and no telling how high they'll bid it up to, $20 isn't out of the question. When reality sets in, I suspect the market cap will not be stable above $5 billion unless a partner comes in to reinforce the value of the stock.

Certainly post approval a market cap that goes to hundreds of billions is possible if our vaccine are proven to have benefits in multiple cancers, but that requires more trial, and that will take time. We don't need approvals in multiple cancers, just enough clinical proof that Doctors are using the vaccines off label. The approvals will come in time.

Gary