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   Biotech / MedicalBiotech for less than cash value


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From: rkrw1/27/2022 11:50:49 PM
5 Recommendations   of 684
 
Got to be a record, 139 at or sub cash, 155 if stretching it to 95% of cash. Todays valuation relative to Q3 cash, a couple with year-end, not factoring in debt loads (endp, acor in particular).

Some other stats. My database has 611 names.

44 are up, even counting by pennies
2, 40% or more, one doesn't really trade so a (possibly) fake price
4, 30% or more
7, 20% or more

This versus:
12 down 50% or more
57 by 40% or more
183 30% or more
379 20%, or more






Company%C
Mtcr, 454%
Frln, 324%
Cbio,357%
Avro,261%
Imra, 261%
Cala,260%
Sbtx, 244%
Xcur,244%
Abeo,243%
Pulm, 238%
Bcel,238%
Kala,238%
Sprb, 237%
Adxs,237%
Sgtx, 236%
Gray,234%
Tcrr,233%
Ymtx, 232%
Tpst, 231%
Bolt,228%
Clbs,225%
Asmb,225%
Advm,224%
Fbrx,222%
Endp,220%
Abio,215%
Hsto, 206%
Nerv,204%
Nbrv,201%
Algs, 201%
Achl, 201%
Hook, 189%
Crbp,187%
Gmtx, 184%
Rgls,181%
Tlis, 181%
Tnxp,180%
Sldb,179%
Cmpi, 177%
Glyc,177%
Eldn, 174%
Atxs, 172%
Bdtx,172%
Oncr, 172%
Epzm,169%
Vyne, 166%
Aezs,164%
Nxtc,163%
Cnce,163%
Acor,162%
Ontx,161%
Arav,160%
Mreo,159%
Ardx,158%
Dffn,157%
Htbx,157%
Asln,155%
Avir, 155%
Phge, 154%
Slrx, 153%
Caba, 152%
Cntx, 149%
Fbio,149%
Clsn,148%
Allk,147%
Itrm,145%
Lbph, 145%
Nviv,143%
Ubx,143%
Lumo,142%
Grtx,142%
Tara, 138%
Aplt, 138%
Ekso,138%
Syrs,137%
Pasg, 137%
Tern,136%
Apre,135%
Espr,135%
Hepa, 134%
Alna,134%
Cemi,133%
Olma, 131%
Glmd,131%
Glpg,131%
Siox, 130%
Alrn,130%
Plx,129%
Cntb, 128%
Xfor,128%
Akus, 128%
Cycn,128%
Oncs, 128%
Elox,127%
Sesn,127%
Onvo,126%
Aytu,125%
Cycc,125%
Mor,123%
Agtc,123%
Cocp,122%
Blph,122%
Fixx,121%
Isr,119%
Bbi, 119%
Sybx,119%
Ctmx,118%
Mrkr,117%
Virx, 117%
Trda, 116%
Mbio,116%
Wve,115%
Mito,115%
Idra,115%
Gbio, 114%
Vygr,114%
Dyn, 113%
Cdtx,112%
Ovid,112%
Cmmb, 110%
Ppbt, 109%
Eq, 107%
Slno,106%
Htgm,106%
Onct,106%
Svra,106%
Rdhl,105%
Rzlt, 105%
Tsvt, 105%
Cbay,104%
Mtem,104%
Indp, 104%
Mgta,103%
Sppi,103%
Axla, 103%
Ltrn, 101%
Crxt. 101%
Novn,100%

Fmtx,
99%
Crdf,99%
Ocup, 99%
Blue,99%
Lian, 98%
Pyxs, 98%
Aldx,98%
Tmbr, 97%


Fstx, 97%
Lvtx, 97%
Annx, 96%
Bmea, 96%
Icpt,96%
Crvs,95%
Scph,95%
Rytm,95%
Trvn,95%
**

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To: rkrw who wrote (650)1/28/2022 9:33:45 AM
From: DewDiligence_on_SI
   of 684
 
twitter.com

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From: JamesK2/9/2022 2:05:49 PM
   of 684
 
KRON close. 422 MC vs 398 cash.

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From: JamesK2/11/2022 9:03:18 PM
   of 684
 
LIAN (Chinese) 408 MC 420 CASH

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From: JamesK3/12/2022 12:38:32 PM
   of 684
 
BCAB now well under cash. 245 CASH 193 MC $76 for 52 week high. Now around $5.

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From: JamesK4/28/2022 10:50:00 AM
   of 684
 
IMVT now MC $513m CASH $531m

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From: rkrw5/9/2022 9:08:02 PM
1 Recommendation   of 684
 
Some not so fun stats on this bear mauling

My database has 640+ names

Median 2022 YTD -49.1% (on top of -42.2% last year)

For 2022:
41 names are up any amount
602 down
3 have 2x (nvct, trvi, nwbo)
11 are up 30% or more

317 down 50% or more
185 down 60% or more
87 down 70% or more
27 down 80% or more

255 names sub cash (39.6%)-- ***most not updated for Q1 cash mind you
~100 at half cash
~40 at 1/3rd cash
14 at 1/4th of cash

41 of the 42 lowest market cap names are sub cash, tells you the market isn't expecting any of them to stick around long.

Cumulatively down $224b which understates it by some billions as new names have been added for IPO's etc.

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To: rkrw who wrote (656)5/9/2022 10:47:33 PM
From: DewDiligence_on_SI
1 Recommendation   of 684
 
This board should be closed and replaced by a board discussing biotechs trading for MORE than cash value.

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To: DewDiligence_on_SI who wrote (657)5/9/2022 11:48:52 PM
From: rkrw
1 Recommendation   of 684
 
NWBO $1.8b market cap, $15m in cash, #3 performer on the year :)

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To: DewDiligence_on_SI who wrote (657)5/10/2022 9:09:29 PM
From: rkrw
2 Recommendations   of 684
 
That was more timely than I could have known on NWBO :)

Negative tech value leaders

GLPG a whopping $1.72b (through Q4)
KOD: -$388m (through Q1)
ADGI: -$283m (through Q4)
MOR: -$248m (through Q1)
CNTB: -$232m (through Q4)
SBTX -$212m (through Q4)
AVIR: -$209m (through Q1)

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