Nope! Maybe 10 if they get lucky but I would recommend buying JNJ before Geron. Gern has already essentially sold off the company including IMET. There is simply not much left here to value it at 50 billion dollars. Not gonna happen.
The pharmacist I spoke with also mentioned the price. She said if it it more expensive than the traditional insulin, it is very difficult to get people to buy it. So, the price is a great factor. So, factor in the price of the needles and syringes and offer Afrezza at a competitive price and people will probably buy it.
Talked to the Pharmacist today and asked her about Afrezza. She never heard of it. I noticed the wall behind her was filled with insulin syringes and needles. She stated new drugs take quite a time before insurance companies will cover. I said this insulin had been out for over a year and she said it could take longer.
Pharmacists are the 'Librarian of Medicine' for most Doctors. These are the people who should be included in the loop with regards to filling prescriptions. Most Doctors know little about the medicines they prescribe. Why? They spend little time studying drugs in school.
None of the pundit articles discuss the benefits of Afrezza and the great responses from the users of this insulin. All of them discuss the 'doom and gloom' of mannkind. All of these articles posted on yahoo, and I mean All of them are intended to disparage this company. Interesting that Afrezza could cause such a stir.
In the real world of business, if I have a salary of $100,000 per year then I would be paid that salary because I would make $1,000,000 for the company (a multiplier factor of 10). I see no justification for ANY stock options to be awarded to any of the members of the BOD because, they are not making any money.
Well, they already have over 80% of IMET for about a billion. So, lets just imagine if I have almost the entire turkey for about a billion, how much am I going to pay for the two legs. 10 billion? I think not. This company has sold the shareholders down the road and dropped kicked them to the grass, IMO. This may very well end up like HGSI or OCAT, IMO, and we will see maybe 5 dollars a share for a buyout, maybe a little more. The days of getting rich are over in the stock market for the time being if you are a retailer. Only the Big Guys are making megabucks using this company and many others as a money farm. If you don't believe me, just go and look at the charts.
Well, almost purified. Our atmosphere contains a lot of junk in it, sulfides, nitrous oxides, VOC's, particulates, etc. for any earth science major out there that knows the list.
We need to figure the higher erg output of Hydrogen of 1.47 times greater so that will alter the price a lot. And, your figure is easy to interpolate with a price of 10.00 GGE. That still seems way too high. So, I am thinking it should be closer to 2.00 dollars a gallon.
This is a good day traders stock ---sometimes. But, it can be day traded at 30 to 40 dollars a share just as much as it can be day traded at 2 dollars a share. I think, there is just not anything left here at Geron any more. I wish there were...
Okay-In this country we do not buy fuel by the kilogram. We buy it by the gallon. There are numerous websites that are discussing energy output vs. cost comparison to gasoline(GGE)(and I haven't found one that is correct as of yet). The efficiency of burning hydrogen vs gasoline is 1.47 according to my handbook of chemistry and physics. So, if anyone wants to try and run the numbers, have a go at it. I am interested in what others figure out with regards to 5 dollars per kilogram.
Where are the MIT gurus when you need them?
We all share your frustration. Fact is, if IMET is as great as they say it is, why is this still a penny stock?
It was worth way more in the past when they did not have the partnership, etc.
This is another 'Atlas Shrugged' event. Hang in there another 5 years and we will see who is correct.