Bullish; also, $1.20 seems very possible, but I prefer to imagine a range of possibilites from 80 cents through to 1.50 in 2024.
As others at HC here have warned, there could/would be the need for yet another capital raise sic before we get a final read of results. Let's hope by that time, if it happens, even a 20% CR decline will be well above today's $0.72 cents. Guesses Q2, Q3, Q4 this year for CR, if there is going to be one in 2024?
Is OPT Sozinibercept an all-or-nothing situation?
What do others think the future may hold if the results are not what we hope for? For example, if the Stage III trials achieve a positive but not statistically significant result for Sozinibercept—hypothetically, "The preliminary findings from the clinical trial indicate potential positive effects; however, the results have not achieved statistical significance to meet FDA standards for conclusive evidence of efficacy"—is OPT a 0 cent stock, or could there be some options?
Personally, I would greatly increase my holding if zero were not a very real possibility. Happy (but not happy) to take a 50% loss eg 30cents , but going to zero would be nasty and thus mitigates the buy button finger.
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66.5¢ |
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Mkt cap ! $437.4M |
Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 65.5¢ | $152.2K | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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12 | 15420 | 66.0¢ |
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Price($) | Vol. | No. |
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12 | 49536 | 0.655 |
6 | 15941 | 0.650 |
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7 | 38387 | 0.640 |
Price($) | Vol. | No. |
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0.665 | 6141 | 6 |
0.670 | 44153 | 38 |
0.675 | 10303 | 5 |
0.680 | 33933 | 32 |
0.685 | 5850 | 1 |
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Change
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