wait till october when the royalty figures are released. Then we'll see if the SP is south or north of $2.
sure you may lock in some profits now and get out. or you may downramp this to scare some holders into selling. but look at the company fundamentals. This company as a product the world needs (relenza) and an income stream (royalties)and a replacement for the product that the world currently needs (lani).
all my other holdings are in oil and csg. this is the only stock I own that is not. I sold out of some of those "hot" csg/lng/oil stocks today to get more BTA. Why? because this comapany is making money!!!! profit!!!! a $300m company made $38m PAT. thats awesome for such a small company. compare that to other biotechs....
$1b market cap will come.....
this is an invetment..not a punt.
BTA Price at posting:
$1.90 Sentiment: LT Buy Disclosure: Held
