Am I the only one that sees a problem with this scenario? Sales would have to go up 2000% to justify this market cap. Company does not make a profit. I would not buy the pizza shop down the street if it did not make a profit. DOn't understand wallstreet. Something will eventually have to adjust valuation wise. Merrill leading people down the primrose path again. Watch out for the thorns.
You would have a second stock that goes 100X from $1.50 to $ 150.00
Funny thing........ that is actually a possibility with OCLS.
ANAC is 100X more expensive. And... OCLS might even be a better company.
I'd take ANAC profits and put them into OCLS. Risk vs. Reward. ANAC has had its run. OCLS is a giant and will give outsized, exponential gains. Same space, better products, FDA approvals. OCLS is the play.
The run is over! Priced for perfection, all new drugs in the pipeline will have to beat any current sales estimates for the company to justify current stock price. If they are calling your stock a HOT stock it is usually time to sell.
Hey hoss, if you would have bought anacor back when you were saying it would go down, you would have enjoyed a nice ride up. So many times i see folks stating now is the time to short the stock or its not going any higher. Well, those are the real suckers and loose out!
great article....it's going viral too I've seen it on google, stockhouse and marketwire. Let's hope we start moving up soon!
Sentiment: Strong Buy
Guess you all know that story and if not you can google it....
1.66 book value !
4$ per share
losing every quarter
insane mkt cap over 6 billions
Sentiment: Strong Sell