Feb. 3 at 8:10 PM
$SRPT
Is the story dead?
I agree that based on the revenue multiple, Sarepta is probably the ost undervalued company in the biotech space.
But why is the market not regaining confidence?
Why is the short interest so high and why haven’t the shorts covered despite the stock being so low?
Elevidys wasn’t pulled. 3-year Efficacy data is great.
Sirolimus may help get non ambulatory back soon.
FSHD and DM1 safety data is due soon.
If all goes well, Sarepta could be doing
$4BN+ In revenue by 2030. Heck, it could hit
$3BN by 2028.
$4BN @ 6.5x revenue multiple makes the company worth more than
$25BN.
But I guess the market believes none of that.
I am genuinely keen to get answers.