RE:Fighting Fire with Fire: Virus Therapy as a Cancer Tr There are countless indicators outside of ONC showing the huge potential of Pelareorep.
once to market, with one application alone, well over $5 billion/ year in sales ( RBC analyst study).
What does $5 billion/ yr in sales translate to in company worth?
Depends on many variables. partnership arrangement, profit margins, distribution costs etc etc.
one thing for 100% certain...worth many multiples of what the SP is trading at now.
Pela notably is not near being approved for market yet.
They are working on multiple fronts.
with Pfizer, Roche, BMS, Incyte, Merck.
My interest recently is the CaR-t , study.
THAT , could prove to be the spring board to launch, the SP , credibility & eventual phase 3 trial partner.
A while back I predicted May-Aug window, for an announcement of a CAR- T , partnership.
One more week. I'll either be right or wrong with my " prediction".
regardless"...........
looking at the long game?
ONC has operating cash to Q1 2023.
about 4 major milestones, published to be reporting by end of this year.
Assuming things run late. Takes us to Q1 of next yr. aka 4-7 months , with known opportunities.
Share price?
On even a smidgen of good news, much higher & fast.
The analysts following Onc have openly asked for details on the phase 3 deal & progress.
Essentially do or die. To be decided like I said, between now & March.
Buy? sell? Hold ? Short?
The highest risk right now is shorting. The upside potential is 10x to 20x today's price.
Regardless of short holdings, a price rise will create a short squeeze.
Want to know what that looks like?
look at Dec 2019. Was moving upwards 20%-40% per day.
Selling ?
depends when you bought, timelines & motivation.
Buying ?
Read the company web investor presentation. Make an informed decision.
Do not go by any drivel on chat sites, including myself.
I have a reasonable amount of ONC shares & quite happy to hold, waiting for pending outcomes.
A decision I made many months ago. I'm in until they either get to market or announce failure.
All indications lean towards success.
BTW the trading SP, has little to do with future success.
I like to use Apple as a great example.
could have bought Apple shares for $1. Back in the dot- com days.
chat rooms were full of doom & gloom predictions.
Afterall, it's onky trading at $1. Must be junk.
And the rest is history.