$TTOO That's what I keep saying. Based on the current valuation Of 31 million, if the company is sitting on 30 million in cash than the valuation is zero. At these prices, this is definitely a long-term hold possibility. I would say it could easily go for $6 to $20
jg7510
Bullish
$TTOO NASDAQ:TTOO VALUATION Besides the enormous potential for its coronavirus collaboration, NASDAQ:TTOO is a discount entry opportunity. Its current market cap is only $31 million while the company is sitting on $30 million in cash. Estimated first quarter 2020 total revenue is expected to be in the range of $2.2 million to $2.6 million, compared to $1.8 million in total revenue the first quarter of 2019. So basically at current levels, the current value of the business is zero. This is an extreme dislocation in the market and why NASDAQ:TTOO is extremely undervalued at current levels.
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