GREY:MDCGF - Post by User
Post by
TechnicalBuyon Aug 20, 2009 12:45pm
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Post# 16234680
The next level
The next levelI've always said it's alot harder to go from $0.30 to $0.50 than $0.50 to $1 or $1.50 for that matter. The spike before was not a true break as $0.50 didn't hold. The next move however if it holds that psychological level will likely take us to $1 alot quicker.
Each of these plants will likely have the ability to produce a min of 30 million doses of vaccine with tremendous upside as it's just a matter of increasing greenhouse space. At $0.10-.20/dose cost(that's in Canada...India I expect alot less) and $5-10/dose profit it's pretty mind blowing numbers. Add the 10X P/E (actually the big players are sitting at about 13-15 and the new ones are demanding up to 100X P/E) the valuation going forward is incredible.
The story is just starting here so I don't mind the 2 steps forward and 1 step back progress. This is a great company that is turning the corner from preclinical speculation to commercial success alot fast than people expect.
Regards,
TB
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