Yi: i agree with you to some extent...Though your predicted figures seem as arbitrary as the $30 price.
Yes, the value seems to be an expression of belief in the science and that value has shown itself to vary from pennies to over $30.
Much of the current price is because we finally have adult management.
I don't expect the price to stabilize any time soon.
BUT: Even if we only have a partial cure for cancer....
Then the PPS is wildly undervalued, by orders of magnitude!
The degree the shareholders think that's true determines the valuation.
So tell your legislators to adequately fund the SEC and make sure it is staffed by smart, idealistic and aggressive folks.
Tell'em it was at $3 less than a year ago.
And tell'em to invest with a longer time horizon.
Because valuations are so very arbitrary, expect price instability till the science comes home in years to come.
It remains a fine long term bet.
Given your assumed name and message;
you must be about 8 years old.
That'd explain why you are so short.
Sigh, i read that shortly after a friend and fellow iron sculptor died of it.
It was a very grim way to go.
Seems cruel that the FDA won't permit folks who are clearly going to die,
to try promising but obscure and unapproved drugs or procedures...
On the condition that the consequences are put into a public database.
But we'd lose out on the much larger future potential!
I bought ZIOP and XON with cash from ADXS, which was getting top heavy in my portfolio.
Ziop is an interesting bet and these shares will happily add to my humble Ziop holdings.
But XON is much more diverse, has it's fingers in all sorts of hot pies,
and is wiggling them all...grin.
If the PPS drops back a little, then my limit order today will hopefully fill.
All 3 of these stocks help forward the fight against CANCER.
The shorts are cancer's allies..despicable!