Need some help here. I looked at the stock-chart-news, when the stock was trading at around $1.88 and now I take a look at the stock-chart-news, and the stock is trading around $4.70. Other than doing a secondary offering why is the stock trading at its current value?
I mean, what have they done now, that is so much more important than what they were doing when it was trading at $1.88?
Ok, they got money for a few quarters. But other than that things haven't changed.
Do you guys know what I mean? In fact, it seems that things are worse now than what they were when the stock was trading at $1.88
Anyone know what multiple this company is trading at? Basher & Pumpers need not to respond to my questions.
What is the fair value of the stock? That's a good question Sothisisbiotech.
I'll answer your question but It would be fair to say that I will get bashed by Longs over the valuation call.
Fair value of the stock or the trading range of AviBiopharma should be trading between the low of a $1.88 to high of $3.60. The stocks value at this point in time is to rich for where it is trading at.
Sothisisbiotech, in my book the science, which is still in the developmental stage is not so much in question. What many find or have a hard time with is AviBiopharma's management and how they run the company.
If you were to discount the stock that is where you would have to discount it in. So, your trading range without FDA approval, Partnerships, is at $1.88 to the $3.60 range.
Why were you buying this stock at $7-$8-$10-$13 and then selling below $4? Doing some more research to suit your positions? Make up your mind are you pumping or dumping or just getting dumped upon? Your own words speak volumes.