Post by
tylerreddick on Jun 07, 2024 11:54am
Place your bets, boys and girls
this will either be heroes or zeros. But really, although there is all kinds of unresolved risk here, the potential is to make a lot of coin (if things work out).
Looks like anyone could accumulate a fair position at 5 cents. So just say you put doen soem play money, lets say $10,000, which would buy 200,000 shares. Then, lets assume that AbbVie comes through and we find a partner for our anti age products. Yes, I know that might seem like fantasy land, but humor me.
So you have 200,000 shares. Now we have seen some dilution, and whoever buys into the anti-aging stuff will want a big cut of that, so both will limit how far the share price can go. But, if both happen, we could still easily surpass the old highs, as we will finally be a revenue generating business.
So, just for fun, lets say the share price goes back to 60 cents. Your 200,000 shares are now worth $120,000, on a $10,000 investment.
The risk is that nothing happens, and the share price drifts down to 3 cents or so.
So, IMO, the reward/risk ratio is 22, a potential gain of $110,000 vs a potential loss of $5,000.
Those are the kinds of odds I like, even if watching the share price go nowhere drives people insane. JMO