RE:RE:RE:RE:RE:RE:RE:RE:RE:Stupid Canadian marketjfm1330 wrote: It's more than stupid Canadian analysts. As I wrote it's stupid Canadian market. Those who are selling at this ridiculous price these days are not all guided by analysts. Everybody can have a good personal reason to sell a stock at any time, but not the whole market. Many are just selling out of ignorance or lack of patience or because they want to crytalize a profit. They will come to regret it, like those who sold at 1$, 2$, 3$, etc...
It's like the market thinks that the move from 1$ to 10$ was just the company correcting its past mistakes, like a return to respectability, but they still cannot believe Thera will become an elite company that will end up as a model, way above respectability.
lol, usual balance. It secured great terms on a phase III drug that looks like it will pay off hugely. You have to congratulate the management on that success but its going to be hard to replicate that, those deals just arent out there. The likeliest outcome is the next deal is in line with industry average and will be fought for in competition with many other wannabes. Its back to squre one (maybe two) for the next deal, and the next, long road to elite. But dont stop dreaming.
None of that stops plenty of upside in the present deal btw.