Replies to post #108418 on Savvy Trades and Investments

[gilead23]

OMIC yes if you got a liquidation event today I think you would end up north of 2 dollars.

Of course you are burning 20 million a quarter so timing matters. My general approach to these is to look at burn rate, and if they are still likely to trade below cash value a couple years in the future I gamble on the idea that something good will happen in that time frame. More often than not it does, but I don’t spend time contemplating what that thing will be.

[nelson1234]

OMIC Have you seen any/many of these broken biotechs liquidate?