METACRINE, undervalued biotech company


Hi everyone. I havent posted here but had a fairly good track record for a while at pennystock forum. My newest find is Metacrine, its essentially a struggling biotech. They currently have a cash reserve of around 75 million and share price of .45 cents at the time of this post. Their share valuation based on outstanding shares is roughly 1.78/share representing a nearly 4x movement from current levels.

Their pipeline isn't great but the company has already bottomed out and withstood all of these major market moves with fairly minimal losses.


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