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Organovo Holdings, Inc. Message Board

  • scrubdog Jan 17, 2013 2:49 PM Flag

    ONVO - Value / Observation

    Geez, I've been watching the ticker today on ONVO and seeing some of the biggest purchases in weeks.. (50,000 @ $4.03 & 60,000 @ $4.15, etc.).

    This is a difficult company to value obviously, but if 3-D Systems is $2.5 billion, then I'm assuming one day printing organs could be at least 5-10 times that value. Since that possibility is years away, you cannot justify a value even close to that for Organovo.

    However, as traders can see, that speculation is creating value north of $150-200 million for this company even though we're looking at 3-4+ year window before that could happen. I wouldn't be surprised if this is a 10-bagger of the next 3-4 years as that technology becomes a reality.

    In the meantime, at least the company is able to sell tissue samples to its partners (Pfizer, etc) to hopefully bring in enough dough to continue to fund operations. I do not see dilution like some people are mentioning on this forum.

    My price target: $5.25 within 30 days. $8.00 by Dec 2013. As 2014 and 2015 draw near, the speculative value of this company will approach $1.0 billion as the market is just too large to ignore, especially for a company who has 10 working printers and a nice head start over any competition.

    That is my two cents..

    Sentiment: Buy

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