ACTC's market cap is about $20MM.
Other biotechnology companies that represent what ACTC could be valued at because they are similarly tied into stem cell research:
(1) STEM - Market Cap $110MM
(2) GERN - Market Cap $400MM
(3) Industry Average Market Cap = $141MM
Rough back-of-the-envelope analysis, I know, but sometimes you need this kind of perspective to ask yourself why you are buying a 20-25 cent stock.
A
4 comments:
Allan:
Another excellent call what are you up about 50% in one day?
VIST TradeVilla the ONLY unofficial Allallan trading site: tradevilla@yahoogrous.com
Mark in Sandy Utah.
Mark,
At today's highs, up 60%, although ACTC has pulled back from those levels.
I have a Chinese stock for your TradeVilla group, I'll try to figure out how to post over there.
A
Allan,
I came across your site after listening to your interview @ traderinterview.com. I have since been reviewing the archives of your blog. Extremely educational. You have turned on the light for me. Causalty. Acton, reaction. Cause and effect. Thanks. Thanks to Sally too.
I know AGEN has been mentioned here previously. Did anyone take a position today on the big CEO buy?
Dennis in Atlanta
Dennis, you wrote:
"Causalty. Acton, reaction. Cause and effect. "
Isn't this a direct quote from The Merovingian in the Movie "The Matrix Reloaded?"
Just pointing this out.
Mark in Sandy Utah
TradeVilla, The ONLY All Allallan subgroup!
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