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CombiMatrix Corporation Message Board

  • rickotto1 rickotto1 Dec 10, 2012 1:09 PM Flag

    valuation 20-40 dollars...

    I looked at CBMX from every conceivable angle...and everyone says the stock will GO UP BIG from even this level which is 400-500% above Thursdays close..but being that the company's shares were virtually zero, because the market cap at 2 was 2 million dollars, then you can maybe see where i am coming from.. from what i can tell a fair valuation for this technology and company that has been perfecting this for 10 years , when they went public at around 300 bucks a share, well i see this technology worth somewhere around 200 million if you even say there are ..lets just say for arguments sake, after the offering 5 million shares... that would be 40 bucks a share.....lets talk conservative, half of that...20 bucks a share... 5 million shares x 20 a share is 100 million market cap......currently i am not sure how many shares are out there trading..could be as little as a million or 700k.., which is why in the interim the stock should explode..just not enough shares to go changer this VALIDATION was in the new england journal of medicine...flat out GAME CHANGER..stock is responding..

    Sentiment: Strong Buy

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