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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) T.ATE

Alternate Symbol(s):  ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

TSX:ATE - Post Discussion

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Post by Amigo11 on Aug 28, 2020 6:07pm

Zacks

Zacks out with an updated timeline/valuation 12 months out for $3. Per share of ATE-not quite sure why 500,000 were offered at the close at 39 cents.One side ,either the Buyers or the Sellers,is going to be horribly wrong !
Comment by Marky1 on Aug 28, 2020 7:26pm
Amigo...Thank you for finding this information...What is the date that they come up with the target price of 3$ ?
Comment by MHemorrhage on Aug 28, 2020 9:22pm
Price targets are usually one year out.
Comment by Marky1 on Aug 28, 2020 9:56pm
To go from .385$ to 3.00$ that's 675% increase ......kinda hard to believe, but, hey, we have a miracle drug at our feet, and it's going to change the entire drug industry....Soon, and I do believe, in 4 years when I graduate, I think that Otenaproxesul will be in everyones medical cabinet in every bathroom in North America, Japan and Europe, taking over the spot where Aspirin/ Tylenol ...more  
Comment by drippingsnot on Aug 29, 2020 9:53am
At $3 we’re talking a billion dollar company.  That’s what the DCF is telling us along with the amazing Phase 2 data. Add to that, new IP to extend ATE’s lead into the future.  Assuming that’s what they are working on now. Improving our negotiating power and that’s what it’s all about now - in my opinion
Comment by Goaweigh on Aug 29, 2020 11:10am
Is that before or after the 10 for 1 roll back ? The constant pressure on the stock may be because some anticipate a roll back is coming sooner than later. That's not all bad as long as it's executed properly and a US broker/ Marketing specialist has been retained to manage the stock properly through a US led financing or to make sure any stock coming out is well placed. Take a look at ...more  
Comment by lscfa on Aug 29, 2020 11:53am
Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm engaged by the issuer for providing non-investment banking services to this issuer and expects to receive additional compensation for such non- investment banking services provided to this issuer. The non-investment banking services provided to the issuer includes ...more  
Comment by Amigo11 on Aug 29, 2020 1:34pm
Are you trying to suggest that Research is usually impartial ? Nice to be Presbyterian on a Saturday night but that aint the way it works.
Comment by lscfa on Aug 29, 2020 12:01pm
Most recent report dropped target price to $2.25 https://s1.q4cdn.com/460208960/files/News/2020/Zacks_SCR_Research_08282020_ATBPF_Bautz.pdf
Comment by Marky1 on Aug 29, 2020 12:44pm
That's USD !  Equivalent to $3.00 cdn
Comment by Amigo11 on Aug 29, 2020 1:31pm
Its $2.25 US as previously stated but seriously am I going to be upset at $2.25 as to US or Cad-also regardless of who is paying for the research/promotion,it is well reasoned and well researched.To suggest that all research is impartial is ridiculous-there is always an agenda.
Comment by TriumphSpitSix on Aug 31, 2020 9:47pm
I made this clarification last time the Zack's valuation came up... This IS NOT a 12-month "price target." This is their assessment of Antibe's CURRENT VALUATION!