once we get thru this quarter it should start making a nice rebound as the next two quarters into summer is big earnings and payout period. The expansion of both facilities will be done now.
agree, stock should sell for 3x future sales for bio tech
that would give it a price around 15
add in two potential phase II uses for the drug which have potential of 600 million added sales and your talking JAZZ type move
and ignoring the Baker brothers huge investment is very foolish as they are right on in their picks!
just look at the volume first hour and half is over 1/2 the normal daily volume
institutions are piling in expecting this to run big into the teens friday!
Going to be a huge up week~
hmm can't be down when it closed at 4.79 and UP UP UP to 4.96! you must be holding your monitor wrong
he will come out and tell everyone he was long and was just trying to get your shares and will be pumping it !
Baker Bros. have a great track record and they seem to have a bigger than normal stake in CHTP with 10% +
holding of the whole company. With the potential for this drug to have a added potential of another 600 million in sales with the phase II trials going on, id think mid teens is in store when approval is announced this week.
i think your right on that assessment of pullback already happened
option pricing on febr series is pricing in 8.50 but that might be conservative