@MS-Analysts are human too. They make targets based on similiarities between companies too. Real estate works the same way-brokers come up with current values on properties based on similiar sales of other houses in that market. I am doing the same thing with a company that is really much further advanced then IPCI and really deserves their market cap. Yes it is apples to apples and I feel that if yiou blindly folllow analysts recommendatios you will be very disappointed over the long run in the choices you make.
@ms-incorrect. The company I make my comparison to, is very similar to IPCI and produces and markets its own products. This is much better than a company that produces the generics and then look for partners for marketing and production that eat a nice portion of the pie. IF IPCI could produce and market these generics then your $9 -$10 thesis could work. Otherwise accept the limits of the company. Heck, I think you can still make a good buck on it !!
There's the difference!!
@biotia-I am taking into consideration Focalin,ANDA's and Rexista--IG has many more ANDA;'s in their pipeline and they produce and sell them. They have a mkt cap of 200 m-so if I at best equate the 2 that's where I get my $7.50 and that may be overstating it.
@Bert-not bath mouthing at all-trying to reel in the board to be more realistic.
@sam-agree-a 75% return would be incredible and I would take it on a dime. I just would like to see posters be reasonable so that the chatter on the board resonates well with others. My .02.
Bert-sorry-rushed it!! I am a better speller-lol!
limited funds. A fair valuation has to tajke into account that the company shares revenues with lots of companies. They develop great products but when you split gains with sharkes the bite hurts and so do earnings. Like I said the proper price currently is $7.5. If you wish to post rediculous pps for IPCI back it up with some reasonable math.
We would all appreciate it!!
$7.50. But that's not bad and should not be sneezed at!!
Bert-with you-glad you stayed on...you will meet your goals-just may not be in one day!!!
good work IPCI!!!
Figures let the market do the rest!!
keep it cool, longs or shorts, we are all in to make a buck so lets be civil!!
Means we have a good shot at a most memorable week, next week.
answer $3.98 and below!!