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Biotechs Lead Markets Higher [View article]
Announcement of success in an animal model was nice, except to put in laymen's terms, it's like the following: From point A to point B with actual phases could be 4-8 years away.
Secondly, it costs huge amounts of money to get that final point.
'MRNA' does not have the money, NOR THE TIME BASED ON THEIR OWN BURN RATE, TO LAST ANOTHER 4-8 YEARS IN BUSINESS.
THEY ARE UP TO THEIR NECKS IN DEBT,FACING DE-LISTING, HAVE NO IMPROVED EARNINGS IN THE HORIZON, AND MONTHLY EXPENSES TO CHOKE A COW RIGHT NOW.
INVESTORS TAKE NEWS ANNOUNCEMENT LIKE THIS SERIOUSLY, HOWEVER IF THEY KEEP IN MIND THAT THESE ANNOUNCEMENTS HAVE BEEN GOING ON FOR 26 YEARS ALREADY AND THAT THE CURRENT PRICE OF $.28 CENTS REFLECTS THE REALITY OF IT ALL.
Biotechs Lead Markets Higher [View article]
FEB.10TH-MDRNA INC(MRNA) NOW $.26 CENTS AND TRENDING LOWER. TO PUT IT ITS PROPER PROSPECTIVE, IF YOUR AN INVESTOR, WHAT CAN YOU BUY TODAY FOR $.26 CENTS?
NOT MUCH, BUT YET INVESTORS ARE PUTTING MUCH HOPE INTO A STOCK, BECAUSE ITS CHEAP! BETWEEN TODAY AND YEAR END EARNINGS REPORT, MARCH 16TH, THE STOCK SHOULD DECLINE FURTHER.
WRITING HAS BEEN ON THE 'WALL' FOR 2 YEARS, BUT SOME INVESTORS CAN'T READ!