Jun. 30 at 12:50 PM
$MGTX re-ratings are painful for those on the sidelines and of course shorts.
I begged those shorts to cover below
$10. Was a gift I said. They didn’t listen. 5.5mm shares short.
What to expect ? Thanks to new FDA and our friends at
$QURE , the new baseline valuation is 1x sales. For Meira that is
$5B or ~
$50 per share.
Because the shorts are dumb and don’t listen , they will likely drive us to that
$50 number sooner rather than later. If you’re on the sidelines watching. Don’t wait, act now. You have a 4-5 bagger (12 months max) just waiting for you.
As always, I do wish you well. (Unless you’re short). You guys are screwed!