STEM:
Overhyped investors + hope of "miracles" = pain
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Rate Analysis
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Posted 301 days ago on 1/24/09
STEM will go DOWN
$0.50 on 1/24/09
$1.09 (-56.92% from time of market call)
IMHO I think it will take a long time (several years) before anyone cashes in on the real promise of stem cells. So much can go wrong. Whether fast tracked or not, this really hopeful and powerful technology will not get to the bedside anywhere close to when people are expecting. Pharma can wait for all the mistakes to be made, read all about it for free. 10 years from now they will be the only ones around to profit. Why buy STEM now? STEM will go down stubbornly as people falsely hope that a medical miracle will be delivered to a patients bedside that STEM can directly cash in on. Even though they have a stellar team and are working in the one of the most promising research areas I think that investors frothy expectations will push this company and its stock stock to a wild extreme. As for STEMs reward for their work, they will see big pharma get it all for next to nothing when they run out of money in a rocky 8-10 year run to market. People who want breakthroughs in a hurry are impatient investors. I say it runs up to 3 something on any clin trials noise and back to under 1.