Agree with Camster. But tend to think that when validated by the market deals/collaborations/milestones the potential for CGEN is even higher, $20-70. It it simply not possible to evaluate financial upside here nor the value to humanity of this scientific paradigmatic change. The present little hiccough ups and downs may or may not reflect forthcoming deals. When this stock starts to move it will be because the science has simply overwhelmed market skeptics. And then everyone will be asking: where did that come from?
REALLY like and agree with this, especially about the science overwhelming market skeptics.
I've heard Martin say $60 but he, like we, are thoughtfully speculating.
Where did it come from?
It could be said that it came from a rather small but comfortable complex in northern Tel-Aviv, close to Tel-Aviv university, with which it shares an ambiance. It is where staff, many of whom look like university students, can be seen breezing through its corridors chatting, wearing shorts and t-shirts, sandals. It came from the pleasant and busy headquarters of Compugen.
If you ost with this topic, please provide a link to concrete news or information. All the holders on this board feel strongly that this company would make a perfect partner to big pharma, but until there is an announcement this speculation is just that.
Yet the action of the last two days, with the late-day selloff on high volume yesterday & today's incredible gains on no news, seems to indicate that there's something on the immediate horizon. Was thinking that perhaps there would be news after hours today, yet then again it is almost midnight at CGEN headquarters. Perhaps premarket tomorrow we hear some news?