What is the basis and logic behind price predictions?
I'm not saying he's right, but Napodano's one-year target is $2.50 and he's done quite a bit of research and computation.
I was hoping for a buyout and had lowered my $10.00 price to the $7.50 range, but a partnership valuation seems to be much less than that, imho. There has to be some math involved in making predictions of market capitlization. What's everyone's math?
I struggle with math, even assuming 10% royalty rate, because of TTNP's burn rate. Of course, I am talking about a sustainable price........not a run-up, out-the-door, max-price after approval.
If you are planning on selling after approval, I really don't think the price matters that much. You will be selling and be happy to get whatever the momentum takes you. If you are thinking about holding for a longer term.......then, at least to me, the valuation discussion becomes much more engaging, albeit uncertain. GLTA!
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