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DewDiligence

06/18/08 12:23 PM

#11792 RE: oldberkeley #11791

>IMO, this shows that while the street prices companies on past performance, prospective partners/buyers consider potential.<

The way I would put it is this: The stock market can be notoriously inefficient, but the market for buying and selling drugs and drug companies is generally quite efficient.



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DragonBits

06/18/08 1:00 PM

#11794 RE: oldberkeley #11791

It isn't so much the percentage gain as the fall of MEDE. It fell to over 1/2 sales (Revenue Per Share (ttm): 2.894), and last Q had just turned profitable.

So if GTC falls to 10 cents and gets bought out for 40 cents, it too will have a 400% gain.