It's worth what the market is willing to pay; not what any of our respective prejudices and neuroses would have it trade at.
I was buying IIL in the teens a year or so ago. Nearly $1 now.
OPT in the teens as well. Even after it had substantial US bio fund support and was fully-funded into trial completion. 80c now.
If 1AD falls to an appropriate level or gets sufficiently close to trial completion at a similar mc, I'll load-up on this one too. With the assumption that there are no guarantees in this game.
I really don't see what your argument is, except for, "I don't like the stock, as it's early stage." No worries. Plenty of other, more advanced bio plays to look at if this isn't your cup of tea.
1AD Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)