Gilead buys Immunomedics | CORT Message Board Posts

Corcept Therapeutics Inc

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Msg  3298 of 3318  at  9/15/2020 1:07:21 PM  by

KJDedge


 In response to msg 3297 by  co3aii
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Re: Gilead buys Immunomedics

Went for 6x peak sales of $3.5BB...
So certainly great upside for Cort if we hit a cancer
franchise or metabolic franchise...Big IF’s though...
I sort of continue to believe CORT will have to sell
themselves someday to realize their desired valuation.
Doesn’t seem like Mr Market will ever give it to them..:

On another note, short interest on IMMU was 26MM..
Nice to see them dead wrong and lose $1BB or more!!


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