Sun 12/17/2017 08:56 ET
DJIA24651.74143.080.58%SOLAR24.530.050.20%GOLD1258.201.130.09%Shanghai3136.7734.501.10%
S&P 5002675.8123.810.89%BANKS27.810.381.37%OIL57.340.300.52%Nikkei22420.08417.011.86%
NASDAQ6936.5879.771.15%SEMI99.251.601.61%US/EU1.180.000.17%Futures2682.0026.000.97%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit (Advanced Media, Inc. - ADVM)    Stock Due Diligence for All

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add ADVM
  
From: tokyopua (Rep: 208) reply to PornStarTraderDate: 04/20/2017 14:47
Forum: Wall Street Pit - Msg #2671819 - List ADVM msgs Thread #673921960 (Rec: 0)
They just appointed the guy responsible for ***BOTOX*** to their board of directors, WOWWWW, link:
https://globenewswire.com/news-release/2017/04/20/962669/0/en/Adverum-Biotechnologies-Inc-Appoints-Richard-N-Spivey-Pharm-D-Ph-D-to-Board-of-Directors.html
Re: Cash $222.2 million is $5.28 per share, 99% higher than $2.6 share price,...



Reply to PornStarTrader - Msg #260 - 04/19/2017 18:09

Re: Cash $222.2 million is $5.28 per share, 99% higher than $2.6 share price, no ...--Fresh pipeline at that. Not some previously failed legacy pipeline that has a cloud of doubt over it. This company is literally like buying a IPO at 65-75% discount because not many IPO's are fully funded like this company. The risk is very low at this valuation that it goes any lower.
And one thing of great importance is the difference between stocks trading at a discount to cash and a fully funded stock trading at a discount to cash.
There are many bios that trade at 1/3 of cash, BUT the cash they have is not enough to get them through trials. The cash they have is deceiving. ADVM has functional cash. There is a very plausible case to be made that news starts rolling in that the stock will be in a $5-7 range.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser tokyopua: Reward | Watch | IgnoreADVM: Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add ADVM
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.