Interesting post from elsewhere in bold below. In among the rudeness is a prediction of 14-20c bid level. I’d like to see that.
Board changes eh. Now Junior gets to sit next to Dad at the dining table.
Does anyone seriously believe Hockings and the new kid on the block are there for any other reason than to make a fast buck?
Watch this space. Commercialization is code for sell this pig for as much as we can get because we are out of our depth on this one. Sale price if in line with foreign sales, will be in the $350-500m range.
Don't forget the market makers have to put a signal out to the market that biotech has arrived. The best way to do that is to have a sensation of sorts. A sensation like, unbelievable returns on an undervalued and ignored biotech like PYC. A sensation like from $66m to $350-500m. A sensation like 500-800% overnight.
It puts the cat amongst the pigeons and brings up the rest of the sector overnight as the scabs all go hunting for the next undervalued gem.
Enumerate always did say PYC would be the first to go.
PYC Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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