Jun. 1 at 11:57 PM
$OTLK I do believe this will eventually get approved, but honestly, I still don’t know what market cap would actually make sense for this company.
What I do know is that I watched a similar drug get approved at
$KALA, and after that, the stock went up more than 2,000%.
Of course, the long-term story didn’t turn out great because sales were weak, but I saw with my own eyes how explosively a stock can move just from a product like this making it to United States market.
I’m already up more than 150% on this position, and honestly, I’ve made more money from this trade than I made all last year.
But I still can’t sell.
Because I believe that the moment this product enters the U.S. market, this company can trade at more than 5x its current market cap.