Jan. 11 at 12:31 PM
$JSPR The Company has tremendous upside long-term (IMO); however, transient liquidity issues [
$50M Cash/ST against $(75)M TTM burn rate] show a runway less than 12mos. A new CEO appointment might drive the case for an alternative (partnership) or further dilution alternatively to preserve liquidity. The stock is still not Oversold on either the 1YR or 3YR charts, so investors might want to wait here for clarity on the liquidity position, a dramatic (further) fallout or otherwise. Long term multiplier upside from this level
$1.5 (IMO) with further success on Beacon study.
https://www.stocktitan.net/news/JSPR/jasper-therapeutics-reports-positive-updated-data-from-briquilimab-m31w8t9icy1z.html