Post by
JoeRoganBNN on Jan 22, 2018 6:36pm
425 million market Cap $US or 5.45$ CDN ps on ROUTE!!!
Yup, considering that people are now starting to realize the potential of Tetra, I have to admit, it was a pleasant surprise to see this stock take a giant leap forward! I’ve done my DD and can admit that based on our trial progression and partnerships, we are about to sees a continuation of today’s gains going forward. Based on the law of averages when compared to our peers we are valued at 133.24$ million US. Well, the average market cap for biotech cannabis in our market is valued at approx 425$ million US. Mind you, these companies are slightly and I mean slightly ahead in trials, but they have a higher loss in eps than tetra, they generate no revenues compared to Tetra, who is generating revenues, they have fewer trials in their pipeline than tetra and only two of em have international partnerships. That being said, we are currently at what the price should have been in Q3 2015- Q4 2015 and are currently undervalued by as much as 3.5 fold!!!!!! SP in my opinion should be 5.45$ per share!!!! Mind you, we probably won’t see this until Q1-2019 because we’ll thats just what Tetra does! Ok, I need to buy a plan ticket home, I’m done traveling. What’s the weather like out in Ontario?
Comment by
madboxx on Jan 22, 2018 6:40pm
Toronto weather is up and down around the freezing mark for the last few days. safe travels joe.
Comment by
mumfordsen on Jan 22, 2018 8:42pm
JoeRogenBNN, nice post. I’m new here, took a small position of 10k at 1.66. Would have been nice to get in lower, but I probably would have ignored this stock if it didn’t gain so much. today. Good luck and maybe we will see $2 tomorrow.