In a previous article I suggested that investors shouldn't get too excited about individual snippets of news from Inovio (NASDAQ:INO), as the company has a long history of similar news that ends up going nowhere. A few days later, respected analyst Adam Feuerstein made similar comments as well as giving a brief appraisal of the company's technological prospects.
At the time of my article, the stock was trading at a market cap of >$500M - though I opined that even $200M would have been a generous valuation. The stock subsequently fell nearly to my target, but now has bounced back to $460M. (Apparently Y Charts hasn't yet updated the number of shares outstanding.) The question then is: has...
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