The Final Countdown (For Real This Time), page-1073

Mitis, BPH is worth what it is currently based on its current status, without the FDA approval for Cortical / BARM, nor has it reached its full potential without the approval of PEP-11, so it’s unfair to expect the company to be worth 10, 20, 30c as you put it. But, that isn’t to say it won’t be worth multimillions upon positive news. I’ll give you two examples.

1) RBL (which I held) Market cap was only worth around 20 billion, shares trading at 0.048c in March 2020, today the company is worth 1.86 billion trading at $6.79

2) VUL market cap similar and trading at 0.048 in May, as of two days ago it hit $5.68 (currently in TH expected to go higher) market cap now $393 million

so, I guess what I’m trying to say is, yes it is possible for stocks to go from 5c to a $1 in just a short period of time on good news. There are plenty more examples I can give, but if you DYOR, you will find many stocks that have soared astronomically and it is bewildering. It all depends on

*The magnitude of the news
•The effect it will have on the Country/ people/ economy etc
•How the market will react to the news, will they accept it well?
•What part will the media play in the hype and coverage it gives the stock and airtime, this creates the buzz and fomo effect and people never want to miss out on a good thing!
•Will this company continue to deliver good news and good products.

so, I’m not just plucking a figure out of the air and “up ramping” to suck people in... I have no agenda, I assure you of that. As I said, it’s merely (MHO) and I could be way off, could be higher, could be lower, one thing is for sure, it will NOT remain at single digits for much longer.

GL with your holdings.

ID.