Just because "some" stock fell from "20 to 1.25" doesn't mean all
stocks have to do that... each stock has its own reasons to rise or
fall.. and one of them is NOT "because some other stock did it"...
So.... it didn't need ICAHN to run from $8 to $50 i.e.
700++% gain right??... Lets see if Icahn will come
buy NRX at $ 50 and take it to $ 85 ha ha
So what ? don't vitamin companies make money ?? HLF , GNC... and a lot more
of course this will be a "FDA APPROVED" vitamin AND will be used to "CURE"
symptoms of a debilitating disease.. unlike other "vitamins" which are simply
used to "enhance or fulfill rda " .... I like this "VITAMIN CO" at a mere $ 9+
so does RHo and East West Bank...
HLF was at $8 a share in 2009... reached a high of 85 in 2014...
now at 33 representing a 1100 % gain now down to 450%..
no bad yeah??
Then what? I mean u will buy for $ 8... then "expect it to pop" yeah?
12% stake by RHO Capital doesn't mean anything ?
At this stage, less than $ 25 on this stock is highway robbery,
less than $ 45 but more than $ 25 is grand theft pharma, $75 per
share is simple petty theft . $ 100 / share is a bailable misdemeanor
$ 125 / share is FMV.
Why ?? at $125 NRX needs approx. $ 7 / shr EPS to justify a 18 PE.
$ 7 x 8.8 mn shrs = $ 61 mn . Europe + USA market is 12 mn and
growing. $ 61 / 12 = $ 5 per patient per year apprx. That is less than cost of a
latte at sbux...
NRX is a unbelievable opportunity here .... almost NO downside ...
with a possible 10-15 bagger upside.... LOAD UP
What is the potential EPS for this company if the drug gets
approved? Imo approval seems a sure thing given the organic
nature of the drug... can someone give EPS projections...?
just 8 mn shares outstanding.. even if they eventually make
just $ 2 / shr eps ($ 16 mn total) and with a PE of just 12
the stock would be priced at 12 x 2 = $ 24 / shr.
With a market of 6 mn patients ... $ 16 mn in EPS is
just $ 2.60 per PATIENT per YEAR.. even worthless
vitamins sold by herbalife et al make a whole lot more ..
Where am I making a mistake in my projections?? anyone??
Hold it for 3 years and walk away rrrich.... this is NOT a
DAY TRADING stock with a meagre 2+/- MM float... and
avg daily volume of under 15,000 shares... buy and hold..
at current price and a PE of 15 it reflects LESS than 70c
eps on 8 mm shares... chhhhheap here load up..