That criteria for a price prediction is to subtly elicit a low price prediction and have those numbers make their impressions in the minds of new and existing investors. IE MAA decision, assume no other news, on day 1 only, extra market manipulation that day, and to make this prediction now when price is at its most extremely manipulated level. Trojan horse to make Longs become sellers post approval.
It is better to predict where it is 3 months post approval or 6 months or 1 year, I bet we have a much different positive answer.
You caught me.
I'm tricking all these people into making predictions that the stock price will......*checks the results*.....increase by an average of 600% in a single day because of an event that is guaranteed to happen in the near future in order to scare investors away.
I mean, if I was a potential investor reading this board and saw all these investors predicting the stock price to move 500% on a single day sometime in the next 3 months I'd run. Who wants those kinds of garbage returns?
And yeh, the scenario I laid out is obviously fake. There is zero chance that the approval news comes without other news, right? Right?
I'll bite bc this is a decent point. My assumptions are: 1) MHRA approval within 30 days and 2) NICE approval with 120 days. No assumptions related to partnerships/JV's/or actions of any type by any other RA or news of submission to them.
It will actually be worse 3 to 6 months from approval in absence of significant non dilutive cash infusion via a big pharma partnership. In this case, the stock will likely be trading at about the same price or lower as it is today 6 months from UK approval.
Why do you care about longs taking some profit on the day of the approval? If LP has everything lined up then other investors will step in at the right time anyway.
And yet all those ridiculous $25 and $50 price predictions pumps every year of the past 5 when approval was always right around the corner did nothing. Go figure.
The price prediction for this scam for the future should always be “lower than it is today”.