Cancer Immunotherapy Index- 116% Annualized Returns- MNTR
Has anyone heard of Mentor Capital (MNTR.pk)? They invested $2 million for a 20% stake in a private company Quantum Immunologics which has a cancer vaccination for breat cancer in a Phase II trial. They then launched the Cancer Immunotherapy Index, which holds many different companies all developing cancer vaccinations (including DNDN). Recently MNTR's share price has been $1 and some people have been saying its like a chance to buy DNDN stock for $1 a share as opposed to nearly $40 a share.
The index has also returned over 100% annualized returns since inception late last year. 100% returns are amazing and don't see too unlikely given the huge explosive potential of the biotech industry in general and especially cancer treatment related stocks. Is the index really a good investment vehicle for cancer immunotherapy stocks though?
Does anyone have an opinion about MNTR and their index? I have been looking at them and it seems like a great investment but also somewhat risky. You can look into the index and their financials at their website:
It's a shame because this company seems like it could be an amazing investment opportunity but because it's on the pink sheets no one is talking about it and CAPS won't even give it a look. There are some things to be concerned about, like if mentor really has enough capital and if the QI investment will pay off, but there is tremendous upside. Especially becuase it has flown under the radar so far.
Recently the stock price has begun to reflect the absurd returns of the index portfolio and has jumped over 60% this week. I'd love for a discussion about MNTR to start up so investors and can learn more about this opportunity and some of the risks can be laid out more transparent. I'll try to get UltraLong to comment and check it out, as well as some other premier Fools.
Please post your thoughts on MNTR, their cancer immunotherpay index, the private company QI or cancer vaccination therapy in general.