my theory - if it were a 1c stock with a gazillion shares on issue, it would have gone up say 1500% and no one would question the MC and SP. i guess traders cant wrap their heads around a stock that is in the high teens... maybe they need another day :)
but the MC calcs are spot on imo. even 500K tests a year, would give revenues of 3.5mill and a MC of 35mill!!.. imagine the potential... and arent bio stocks valued on their potential?? case in point - why is OBJ's MC so high??? is it only because its in the 4-5c range??
HTX Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held