"I am staying in.
In my views at this level it is a low risk and high reward scenario.
If they get Myring and E4 by June 2021 stock price will be very well placed by Dec 2021 end.
Failure is already priced in.
If they get these 2 products , it can be a multibagger in 15-18 motnhs from this level.
Do what you think is right for you and what your research tells you.
I am taking a fundamental call here
and not a technical short term call.."
This is my call as OF TODAY
AND NOT 30 MONTHS AGO. No one is under compulsion to follow it.
Hindsight is a beautiful thing.
However one got to see through clear windscreen where we are heading.
Cheers.
PS. I rate it as a fundamental buy with medium to long term fundamental view
and a multibagger.
No one is God. Risk is 32 cents and reward 2 dollars.
Do what U want to do friends.
I have seen refusals by FDA and then approvals on the same product.
It is a fact of pharma industry with FDA and even here in Ozz.
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