Re: Price Targets for NVAX IV members??
I like to think in terms of how much Stock Option Stan(Mr Piggy)a.k.a.Mumbles cost shareholders because of his gross incompetence and strategic errors. Had he partnered in the beginning with a large Pharma they likely would have gotten to market at least 6 months sooner(9 months for the USA) and the shares could have gone to the $300 to $350 range. But he(they) blew it and have sacrificed many $Billions in revenue. That opportunity cost is only growing by the day as they are not approved for Boosters in much of the world. I agree with Billy's target of $150 this year as sad as that sounds. Upside to that number would be a sale(God willing) after they get EUA in the USA, or if the Combo trial results are stellar and then the market will start to factor in them having a monopoly on this massive potential market in 2 or 3 years time.