Keep feeding us misleading info?
309mill/108mill = 2.86x the amount of shares now compared with when they listed. I'd say that is a whole lot close to my initial assertion of 3x than yours of 2x. On first day of trading, at close, they had a market cap. of $39.94mill.
Get your facts right.
Their market cap. is now more than 3x higher than what it was in 2003 and while they have spent huge amounts of money on research, unfortunately the FDA are suggesting some of that research was a waste of time and money.
Not going short at all, but I've been involved in the biotech sector for a long time and was a subscriber to the Biotech Newsletter for a long time as well. I also work in the health care sector. PXS have got a long way to go and my personal belief is that PXS struggles to justify a market cap. 3x higher than 10 years ago.
insight, page-13
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
