PIQ proteomics international laboratories ltd
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Pump & D !!, page-32

  1. ddzx
    37,911 Posts.
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    12/06/15
    21:38
    Post #: 15459896
    i posted on the 1st day i would not buy at $30M market cap but it could run to $50M market cap

    it has settled between these market caps

    until the company provides more tangible info, i doubt it can break $50M market cap

    i calculate the market cap on 64M fun tickets (including 10M performance shares)

    so current market cap is $37M, which is OK, imo

    seems mostly traders churn rather than pump & dumb

    that said, it seems like the company actually did not announce anything new

    their using 71 cents as the share price in their presentation gives the impression they are keen on pumping this up!

    however, the industry takeovers at the end of the presentation ($50M to $99M) were not particularly inspiring
    Last edited by ddzx: 12/06/15
    PIQ Price at posting: 57.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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