All right Haolin and Cosmo, here's why I think this way. There are three important natural causes people die of: thrombosis (blood clots in the heart and brain), cancer and, still, bacterial infections.
The biggest medical discovery of the first part of this century was the antibiotics. Although death from infections decreased from the first cause of death to the 4th, or so, we still need some, a discovery, something along a natural defense mechanism, to reduce pneumonia deaths. The biggest medical discovery of the second half of this century, I think, is the angiogenesis inhibitors and promoters, because they promise solutions to the two other major causes of death. If someone can solve at least cancer that person cannot be compared to other ordinary folks, as you did, Haolin. Averages don't apply to individuals. Some stock dips 90%. So others can jump 900% to make the average.
I invested in ENMD (selected one company which I though was doing the best science), and I believe that if they don't dilute in 1 year, this stock will worth at least 100 (or more, as you said, Cosmo). Unless someone comes up with a pill.
By the way, unlike big pharma, biotech is not unfamiliar with 700% increase.
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