Someone please explain to me why this is a good buy. I am currently in on MNKD and am looking for a second pick that has potential to double or more. why should I buy this one right now or when would be a good entry point? what are catalysts for this stock and when should they happen?
Just read the news and you will see headlines like this:
Oct. 30,2013 Virginia teen dies hours after collapsing at football practice
In yet another tragic turn of events in a season full of them across the nation, a young football player near Richmond Virginia collapsed during an afternoon practice and was pronounced dead at a hospital hours later.
The team's coach, Dan Rounds, said that Vick sat out the team's two most recent games following a concussion earlier this season.
Because there was no quick test given after his concussion, he resumed practice weeks later and collapsed.
There is a huge market for such a test
Sentiment: Strong Buy
You should read Jason Napodano's comprehensive review of AMBS. It is a pdf available online. Also read the LymPro and MANF white papers from the AMBS website. 3-6 months catalyst is LymPro CLIA deal. The stock could triple from 5 cents. 6-12 months catalysts are MANF orphan data on various indications, NASDAQ/NYSE uplisting and LymPro sales. Upside is atleast 4X in 12 months. Good Luck.
2 upcoming catalysts that all parties can agree on, what cannot be agreed on is exact timeframe and price targets afterwards. So here is the quick and dirty:
A partnership for Lympro after final testing is done and commercialization late 2Q next year. Some have disputed if this commercialization will happen in that timeframe.
Possible orphan designations for various cures using MANF. Those could be soon but they could also be next year.
As for price targets, you are looking at a wide range, anywhere from 0.10 to $15.00. I say this with a caveat, opinions are widely varied on that fact so take care, because that has been a source of argument on the board. If you are in it for a short term play, it's tough to call. Long term, i.e. 2-3 years, this is a very strong investment.
Sentiment: Strong Buy