Oct. 4 at 1:17 PM
$SRPT
The Current Share price represents a
$2.3 B mkt cap( 104M shares outstanding.)
The pipeline ( SiRNA franchise & Arrowhead) are seeing
$O value @ Current stock price.
A positive readout can reignite speculation of
$2+Billion revenue by 2027 from SiRNA Alone.
Filling the Gap back to
$37 is highly conservative Given today’s Revenue & cashflow.
A Massive Short squeeze is also Unfolding given SRPT’s Ability to Repay Outstanding Convert debt thru projected cashflow.
$700 M of the
$1.2B convert debt due in 2027 was refinanced… The Remaining
$500 M will be repaid in cash.
The 20M share short position was Anchored ( hedged) against The anticipated Issuance of shares from the 2027 convert.
Buckle your seatbelt !
MELT UP MEME Stock Squeeze Inbound.
