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Stellar Biotechnologies, Inc V.KLH



TSXV:KLH - Post by User

Comment by louelon Sep 23, 2015 2:41pm
105 Views
Post# 24128921

RE:RE:RE:SBOTD: Zacks SCR Initiates Coverage of SBOTD With Buy Rec

RE:RE:RE:SBOTD: Zacks SCR Initiates Coverage of SBOTD With Buy RecI think $6.50 is still high for a reversal to the upside.  I would suggest a bottom of between 2 to $4.
 
 
Inttitutional ownership here is onlt .08%  That doesn't show a lot of respect by the big money yet.  Earnings were down 5.9M over 1 year and Book value for the company is only $1.56  Price to sales ratio is 154 which is absurd.       To me that does not warrant a six fifty price tag which would be over 4 x actual value.
 

  Ledrog;   You said they should try the TSX before the OTC when refferring totheir attempt to the Nasdaq from here on the TSX.v      They are different exchanges.    The OTC is  "Over the counter"    Like the Canadian  NEX board.    Pink sheets.   
   Nadaq is,  " National Association of Securities dealers Automated Quotations "   Far more upscale exchange.  Second only to the NYSE.      However I think your right when you say it is a way over prices at present and is sustained by euphoric exitement.

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