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.
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