Hi wasa, nothing more scientific than just looking at how the sp has moved since the new shares stopped being issued, if you remove today and last night,then its not a far stretch at all imo. If the share issues hadnt occurred we may have been there already. Yes the mc would be bloated at a dollar, but if any potential drug co's mc is to be bloated its this one out on its lonesome atm with increasing media and notoriety. look at what moved it today...its volatile to say the least
Im not sold on hd being a goer here, and this will kill off any further pre ad highs if released soon and negative.The later the better imo. Happy to take my chances in the ST.
A question for yourself wasa, do you consider the highs last week as yet to be overcome prior to results? Or do you think the pre result gains are largely done with?
Regards.
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