Molecular Templates Inc (MTEM)

[11JR11]

chart is ready, just needs a catalyst or group to run it up. os 71mm float 66 mm. They are supposed to conclude phase 3 of an fda clinical study blah blah blah, whatever, this month, so maybe news on that early 2017. They have a 'breakthrough" cancer drug or something like that. I dunno, chart came up on scan and I bot at .46, if I had to do it over Id try to grab .39s this week, if no news people may dump for tx losses. It does have nice support mid 40s. I bot @ 46 because there was 200k+ on the bid @ 45 and it didn't look like it was going anywhere. The company does look solid, it's not a scam, they are legit.