Biotechs are notorious for their volatility. Big initial promises, eventual disappearance. Even for those with a promising new line of drugs, 10-15 years to get it to market. Who'd be bothered?
So why would I like PTD? Jolly's unsubstantiated rantings notwithstanding.
Well, simply, PTD does not have to: (a) conduct any clinical trials (b) produce any drugs (c) market any drugs (d) sell any drugs
and additionally, are hooked into some of the world's already biggest selling drugs - via the patents THEY WILL PICK UP.
I can't be certain of the strength of their patents but they will yield royalties of some size.
What's the problem?
PTD currently near trend lows - Jesus, how can you go wrong? I'm not saying they'll get to $20 by the end of this year, but they'll be well north of where they are now.
Do your own research, but where am I wrong?
PTD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
