RE:RE:RE:RE:RE:RE:RE:Daily Dumpobserver said, "JD if this stock goes to 18 dollars without a rollback I will crawl from your front street to your front door with a bottle of rum..."
And, observer, on that day, I will get two glasses and you and I will sit right there and drink it. And sing like drunken sailors.
Obviously, 18 and 4 was a New Year's parlour game. My guess wasn't even the highest. I can't make predictions anymore but I can ask what effective treatment of brain tumours might be worth. It ain't 32 cents.
Herceptin has generated about USD $7 billion per year. That's about USD $19 million per day or about CDN $24 million.
Today's market has set the BTI market cap at about $19 million (CDN), .
The market, today, has valued Bioasis at about $5 million less than one day's sales of Herceptin.
I understand that for some people it ain't funny, but for others, including me, there's just a whole lot of humour in that.
If anybody comes to me trying to make the case to me that "The Market Always Knows!!" then the rest of you might get a kick out of an old buzzard throwing his empty rum bottles at the lout.
jdstox