TSXV:BTI.H - Post by User
Comment by
TechnicalBuyon Dec 09, 2011 10:18am
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Post# 19306900
RE: ok, what gives
RE: ok, what givesFinally. The word is spreading I guess, and the price is appreciating in anticipation of Shire trial results. Bioasis conjugates compounds relatively quickly, so the trial results should be here within several months, if not the very next month.Your point about the price not correlating to news is well taken though. We are talking about a revolutionary product in the 100 bn annual sales cns market, yet not many investors have caught on. I think 10 bagger is just the start. Depnding on how things go, this company could be worth several gold mines put together.What I am really curious about is when will we see some of the smaller instituion analysts start to cover BTI. So far they've been unsure of the business model, but following the Shire news I bet most analysts are scratching their heads wondering if this is a hidden gem that would be perfect for their next writeup.Cheers,TB