What's is the company valuation in case we have got the good news out on Monday?
I have purchased 5k today at 5.95, and looking forward to hear some good news from the Mayo clinic.
Fisrt of all, I would like to thank all who provided genuine answers to my post, and to the rest who are accusing my position here, I tell you that check my account and how many posts I have made using this account only. I don't have new alias everyday like you, so suit your self the way you love.
Monday/Tuesday we will all know the winners and the losers.
I spent a lot of time researching the discounted cash flow analysis of Geron. Considering a US market of 18,000 for MF along with the outstanding shares of 129M and 66M cash and the drug in PII, I get a current value of $6.44/shr. Now should imetelstat go into PIII, the value is $12.34 share, but add in possible dilution of 50M shares and you get $8.90/shr. Should the drug get approved, $36.04/shr and then much higher if billions of dollars start coming in......................... if they go in to AML or CLL, now your talk'n. I wouldnt even care to speculate but could be easily be in the triple digits.
most of the news was stated in the abstract already. Hopefully we'll hear some new stuff on Monday, but you'll probably make a little profit then, not much, unless you hold for a long time until the expanded Phase II is done.
or making stupid statements like yours. It's a message board, dummy. It attracts idiots like you who think they are smarter than everyone else. And idiots like me, who ask questions that have been asked ten thousands times before. If you hate it, move on.