Thursday, April 16, 2015 3:39:49 PM
Beginner Portfolio Alert..bought a stock as an oversold swing play with key catalysts on tap. 2.6m traded thus far with 20min left in trading day.
Alert..bought a solid position (9%) of $MEIP at $2.06 in the Beginner Portfolio.
Bought this stock in Feb for their March catalyst double-blinded placebo controlled study in MDS that was negative. They have key data on an open-label study in frontline elderly AML (no prior therapy) that will be presented in June at the EHA Meeting. They submitted an abstract for presentation. That will be a key catalyst moving forward & will have a pre-defined date for the presentation. The company will present NEW Mechanism of Action data & other information on their ME-344 compound at the AACR conference this weekend.
Needham Conference on 4/15/15 http://wsw.com/webcast/needham71/meip/
The company will also present in May at the Bank of America/
Merrill Lynch Healthcare conference May 12-14th.
Company market cap is close to 70m but they have 78m in cash. $2.19 cash per share & $2.36 book value per share. http://finance.yahoo.com/q/ks?s=MEIP+Key+Statistics
Disclaimer: http://bit.ly/OlN9DB
Alert..bought a solid position (9%) of $MEIP at $2.06 in the Beginner Portfolio.
Bought this stock in Feb for their March catalyst double-blinded placebo controlled study in MDS that was negative. They have key data on an open-label study in frontline elderly AML (no prior therapy) that will be presented in June at the EHA Meeting. They submitted an abstract for presentation. That will be a key catalyst moving forward & will have a pre-defined date for the presentation. The company will present NEW Mechanism of Action data & other information on their ME-344 compound at the AACR conference this weekend.
Needham Conference on 4/15/15 http://wsw.com/webcast/needham71/meip/
The company will also present in May at the Bank of America/
Merrill Lynch Healthcare conference May 12-14th.
Company market cap is close to 70m but they have 78m in cash. $2.19 cash per share & $2.36 book value per share. http://finance.yahoo.com/q/ks?s=MEIP+Key+Statistics
Disclaimer: http://bit.ly/OlN9DB
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