PINL:GRPOF - Post by User
Comment by
Updownsidewayson May 26, 2017 5:59pm
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Post# 26290718
RE:GW, AXIM, TBP - Common ground
RE:GW, AXIM, TBP - Common groundFair points, but just be aware it's more about market cap than just share price. Market cap is calculated by taking share price and multiplying by outstanding shares. Market cap is how to value and compare companies.
I didn't check the market caps of the companies you exampled but I'm sure that will explain the difference in share price. As well as different stages of company and drug development.
LeafRider wrote: https://www.foxbusiness.com/markets/2017/04/29/should-investors-worry-about-these-marijuana-stocks-horrible-bottom-lines.html - Only reason why I share this is to offer perspective on where TBP is heading with regards to Pharma based CBD drugs and topicals. Probably worth noting the share price on both these companies. AXIM is in phase 2 clinicals so then why is TBP $1.00 and AXIM is $11.00. Maybe the experts can enlighten me but maybe we're all not giving TBP enough credit for what they have in the pipeline, and what will eventually be very lucrative drugs on the market. With DIN #s.