Maxineamillion,
I don't want to insult anyone by referring by number. To be honest, never posted at hotcopper (do read occasionally) and don't know local traditions. But, in my opinion, the valuation on BLT is shocking and the bubble is obvious, and that prompted me to make a comment.
I just don't see the $2 price range as sustainable. There will be minimal newsflow, no data to report... The stock will sell off back to the placement range and some people here will lose money.
My only intention was to mention some risks associated with the company. Since the program and technology have not been in clinic before, the probability of success here is about 5% or less... and you guys are talking about it as a done deal. On what grounds? And on what grounds the stock is trading like it has some positive data in humans already.
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