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jerseyboy

12/17/20 12:38 AM

#138 RE: Pedro2004 #137

I'm not sure in what way it is recognizable, but it is interesting that you think so. We should agree to disagree. Oddly enough, I haven't invested in this yet - I was thinking about it at $3.70, as Ultragenyx clearly knew what they were doing putting in $40 million at $5.11, but I thought I had more time before they developed further. The $90 million investment at $3.70 changed the whole game, and now the floor is clearly $3.70 unless they have a developmental mishap. I think it's overpriced right now, but when the flurry of activity dwindles and it slowly sinks back toward $4.00 assuming the absence of any major near-term news, I could be very interested in getting in dependent on their future progress.