Valuation TLN vs. Biotech Losers
Biotech losers (ie when the market believes that they won't survive)
You can compare TLN vs. Sembiosys or Methylgene (MYG is a piece of crrrap where Pepcrap is heavily invested and loss his skirt on it)
Market cap for Sembiosys = 9M
Market cap for Methylgene = 11M
Surely a partnership deal + cash value will put a market cap for TLN higher than 11M (!!!)
Doesn't take a brain to figure it out.
That's why the stock is repricing (correcting) to the proper level