More like $26.00. The company has no assets, no equipment. How can they develop Anything .... using the kitchen stove and chemistry set from school. Does anyone read the 10K and 10Q SEC filings ?? Look at their financials ......!!!
No, more like a Homebrew not a Chem lab! That is where the JV and Partnerships come in! Don't you read the news!! Have you looked at Twitters financials? Are you gong to buy the IPO? May be you can tell the world how it is valued at $10 billion. Thank You.
That's the essence of value investing; buying cheap what later will become more expensive. At 5 cents the market is saying loud and clear, we have not much faith in this company. I am long 100k but I realize it's just a decent speculation. Upside is potentially huge and my loss could be no more than 5k or so.
You helped me with that great reminder and reality check. I have extra money that I could buy more AMBS with right now, and I also have 100k shares. But I'm a little edgy about investing more. If I lose the money I have invested, (unfortunately my investment is more than $5k), it won't be the first time that's happened, but I think I will be happy with the upside of my 100k and leave it at that for now. Thanks for your comment bobwade1953.
Risk reward would indicate it's a buy at a nickle. Downside is a nickle versus potential upside of ten to twenty times that amount if LymPro is successful and many times that amount if MANF becomes the blockbuster drug that many are predicting.