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Compugen Ltd. (CGEN) Message Board

  • karnut2000 karnut2000 Nov 15, 2013 1:02 PM Flag

    Own it? Buy it? Why?

    Let's talk about another red day here. MACD failing, about to drop below the 50 day (stockcharts default $10. Nov. 14), slow and fast stochastics indicating bullish weakness moving to bearish, market cap 26 million over enterprise value, for each $1 in revenue you have more than $200 in market cap and priced more than 14 times book value(BV 69 cents). Net loss after taxes for the most recent quarter was $4.7 million , which was more than the prior quarter 2012. Furthermore, fairly lacking in intellectual property, fewer than 2 dozen patents with the most recent earlier this month.
    Prior issued patent was 2 1/2 years ago. One that I found goes back to 2004, #6720182. Evidently that has generated no appreciable revenue. Both chartists and those that rely on fundamentals, see no reason to buy or hold this near shell of a biotech. Combine all of that with a known scammer posting bullish here...please do better than calling me names while you ignore all of the above. Let's not forget the massive gap which is unfilled below $7.50. Counter?

    Sentiment: Strong Sell

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