Make your bet. Again, in all fairness, short it. Since you decided not to do any DD on this company, then you can't speak about their revenue streams, their pipeline, their overall fundamental picture. All you can speak of is from an e-wave perspective, which is the sky is falling, the sky is falling. I accept that and you could be 100% correct. That's what makes a market, isn't it. Again, good luck.
When John M. mentioned BVF could fill the gap at 8, he could be correct as well. I think he's totally loony about this. I can't see a billion dollar drug company growing at these rates selling for $8/share which means its P/E would be below 4 and the company would trade below 1 X projected sales of 2004. Hey, if a nuclear device went off in the USA, then anything is possible. Then the sky is actually really falling.
I've said enough regarding this subject. Back to lurking. I'm sure you're glad you're rid of me.
jmanvegas |
