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gilead23

07/07/22 1:58 PM

#98908 RE: RNsidersbuying #98902

ELEV does look cheap relative to cash

What happened at the ASCO presentation? Guessing it didn’t go well?
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swampboots

07/07/22 7:47 PM

#98919 RE: RNsidersbuying #98902

ELEV; they have no revenue or reasonable prospects of earning a single penny before they burn more cash crushing their stand alone prospects in that category (continuous spending on committed focus to conclusion) ..Value may be a bet on a majority owner buying the shares and using the cash to rollup other Co's, or
they mastermind an ideal reverse merger with a better drug Co. with better prospects but short of cash.