posted on
Jan 22, 2022 09:09PM
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Message: Re: Musings
paladin - "what does it look like in terms of a positive valuation?" if we are successful.
MRK has 2.5 billion shares outstanding and went up about $17 per share on their initial 53% effectiveness
PFE has 5.6 billion shares outstanding and went up just over $20 per share when they announced their roughly 90% effectiveness
That's like $40 and $100 billion increases in market cap. It may be best to keep an open mind if/when we see the share price lurch. Anything we have gone through in the past may have no effect whatsoever on where we could possibly get to. Develope a strategy today to deal with a potential event that may last a few hours or a few months...if we have success in this trial.
Of note, it seems that APB has a better safety profile than either of MRKs or PFEs COVID therapy candidates.
tada
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