BELLUS Health Inc (BLU)

[Power of Emouna]

Not to late still very cheap to buy in at present levels! $BLU

[Oliverjack]

insiders spent almost $1,000,000 since the drop and way more before the drop dkmtging is definitely happening in the background

[Necropolis]

at mik 1234 -THE STOCK LOOKS GOOD FOR A UP MOVE ON MONDAY . i hope i make money in this too,

[Oliverjack]

insiders added about 116000 shares on July.14 waiting for filings

[Power of Emouna]

8 Wall Street analysts have issued ratings and price targets for Bellus Health in the last 12 months. Their average twelve-month price target is $14.94, suggesting that the stock has a possible upside of 455.39%. The high price target for BLU is $28.00 and the low price target for BLU is $6.00. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."

https://www.marketbeat.com/stocks/NYSE/BLU/price-target/

[mik1234]

$BLU good news bro, hope you to be rich soon.

[mik1234]

$BLU nice and lookin good hope you guys to be rich soon.

[Necropolis]

The stock is breaking out, i dont know how high it will go it will go up $3.00 dollars a share or more the next day on Monday the 20th,

[Think1st]

Ouch ouch......Oops.

Didnt listen to you at 2.50.

Ouch!!!!!!

[Up_Down]

This is gonna be a green Friday here. Lots of room this thing to make a big move up. Here we go...

[Lonewolf1]

We may be getting ready for a nice move now, from the volume and action.

If no big move today, next week may be a good bet.

[Dubster watching]

Easy $

[Power of Emouna]

Yes! $BLU

[sharky]

BLU $2.74 52 week high $12.03



$BLU

[Power of Emouna]

Insiders bought over $527,000 worth of shares in the last week + another $33,000 on July 14, 2020 for a total of $527,000 since the drastic drop. Wow over half million dollars of insider buys in just one week! That is huge!!! Enough said!! Follow the money! $BLU


Insiders bought over $527,000 of their own stock on the open market in the last week! Follow the money!!! $BLU$

Larochelle Pierre $206,250 on July 13, 2020

Bellini Francesco $151,704.90 on July 06, 2020.

Other purchase!

Bellini Francesco $136,470 on July 06, 2020

And more!!!


https://mobile.twitter.com/Vqle280z/status/1282871401465217024/photo/2

https://finance.yahoo.com/news/trade-alert-chairman-board-bellus-100118377.html

[Power of Emouna]

The spring was over stretched on this one! Will bounce real hard! $BLU

[Power of Emouna]

BLU #4 on the breakout boards! $BLU

[Power of Emouna]

Yes agree! Way oversold!! $BLU

[Oliverjack]

blu is just getting warmed out this thing will pop huge next week easy 150%

[GREGG THE GREEK]

Just the first light tosses here....game on.


BLU

[Power of Emouna]

BLU warming up! $BLU

[GREGG THE GREEK]

It's coming.



BLU

[Power of Emouna]

https://finance.yahoo.com/news/trade-alert-chairman-board-bellus-100118377.html

[Power of Emouna]

Great question! Haven't researched the answer but my guess from a group of nvestors who invested their personal money in the company to get a future return on their money! $BLU

[Think1st]

Dumb question however what the heck.
How does co have so much cash.if they are not selling anything ..where is the money coming from, plus they need to spend more money for testing, the trial drug..is their another income source??????

[Power of Emouna]

Major short squeeze coming! We just need more buying pressure on the ask to trigger it! Only up from here!!! $BLU

[Lonewolf1]

On technical grounds alone, this ticker is due for a brutal bounce.

But every uptick is like pulling teeth.

Let’s see if it can reverse without some positive news.

News can double this instantly IMHO.

[GREGG THE GREEK]

Added this morning.


BLU

[Power of Emouna]

Yes! Lots of eyes on BLU now! $BLU

[sharky]

#6 on breakout boards



$BLU

[Power of Emouna]

Yes way oversold & undervalued stock!

Stock lost over 90% of its value in 1 week. Way oversold! Undervalued imo!!!

Symbol is BLU Montreal, Canada based company trading on the NASDAQ & TSE.

Insiders bought over $494,000 worth of shares in the last week + another $33,000 on July 14, 2020 for a total of $527,000 since the drastic drop. Over half million dollars of insider buys in just one week! That is huge!!!

Larochelle Pierre $206,250 on July 13, 2020

Bellini Francesco $151,704.90 on July 06, 2020.

Other purchase!

Bellini Francesco $136,470 on July 06, 2020


https://mobile.twitter.com/Vqle280z/status/1282871401465217024/photo/2

MUST WATCH

They have solid cash assets!


BELLUS Health Reports Full Year 2019 Financial Results

Cash Position: As of December 31, 2019, the Company had available cash, cash equivalents and short-term investments totalling C$116,884,000 (US$89,980,000), compared to C$48,906,000 (US$35,863,000) as at December 31, 2018.

Here is a direct link to the financial report:
https://ir.bellushealth.com/news-releases/news-release-details/bellus-health-reports-full-year-2019-financial-results-and


Solid company that admittedly had a setback on the FDA phase trial. CEO came out and stated they still know their product works but not at the limited threshold of the study. They will push for another phase 2 in 4th quarter and the stock will rebound hard much higher then $12 price before the crash if phase 2 is successful this time. We could see $20++ imo with a successful phase 2. Way oversold and undervalued down here. Go $BLU$

In the RELIEF trial, we observed data that we believe is competitive within the P2X3 class, including the reduction in cough frequency shown in patients with higher cough counts and a low taste effect. While we had hoped to see more response in the lower cough patients, BLU-5937 and other P2X3 antagonists may have the most benefit in patients with a greater disease burden,” said Roberto Bellini, President and Chief Executive Officer of BELLUS Health. “We believe the Phase 2 data support moving BLU-5937 forward into an adaptive Phase 2b trial enriched for higher cough count patients. We expect to begin this trial in the fourth quarter of 2020.”

https://www.otcmarkets.com/stock/BLU/news/story?e&id=1637916

[Power of Emouna]

Agree! $26 very doable once approved!! Go $BLU

[Oliverjack]

THEY WERE THIS PRUCE BEFIRE THEY HAD THE PRODUCT, PRODUCT WORKS THEY JUST NEED THE CANIDATES THAT ACTUSLLY NEED IT NOT RANDOMS THE RETEST WILL PUSH THIS OVER $26 ONCE APPROVED

[Oliverjack]

OVER SOLD, OVER SHORTED, UNDER VALUED, CEO LOADING HUGE, INSIDERS LOADING, INSTITUTIONS LOADING HUGE THIS CAN EASILY MAKE THE 200% BACK FROM HERE

[Oliverjack]

over 75 million cash on hand less than $150000.00 in debt easy $$$$

[Oliverjack]

bigger bio tech companies have invested lots of money into $blu

[Oliverjack]

Institutions have increased there position huge (I think it was 15 million) from what I can remrmber

[Oliverjack]

$635000.00 cad has been loading up but insiders

[Oliverjack]

$$BLU WILL E A MULTI BAGGER THESE COMONG WEEKS

[Oliverjack]

now your mixing cad and usd up... it's about 640000 about 465000usd

[Power of Emouna]

BLU on the breakout boards were #7! Lots of eyes on us now!! Go $BLU

[Power of Emouna]

BLU lost over 90% of it's stock value in the last 6 trading sessions! Way oversold!! Yesterday we closed green! Reversal in play!! Expect a huge short covering!!! $BLU

[Power of Emouna]

Just on a technical play without factoring fundamentals we can expect 5$-6$++ imo! Insiders bought over 1/2 million dollars worth of shares in the open market for a reason! They are in the "KNOW"!! Follow the money!!! $BLU

[Power of Emouna]

Will continue to add BLU at these prices. Solid company that admittedly had a setback on the FDA phase trial. CEO came out and stated they still know their product works but not at the limited threshold of the study. They will push for another phase 2 in 4th quarter and the stock will rebound hard much higher then $12 price before the crash if phase 2 is successful this time. We could see $20++ imo with a successful phase 2. Way oversold and undervalued down here. Go $BLU$

In the RELIEF trial, we observed data that we believe is competitive within the P2X3 class, including the reduction in cough frequency shown in patients with higher cough counts and a low taste effect. While we had hoped to see more response in the lower cough patients, BLU-5937 and other P2X3 antagonists may have the most benefit in patients with a greater disease burden,” said Roberto Bellini, President and Chief Executive Officer of BELLUS Health. “We believe the Phase 2 data support moving BLU-5937 forward into an adaptive Phase 2b trial enriched for higher cough count patients. We expect to begin this trial in the fourth quarter of 2020.”

https://www.otcmarkets.com/stock/BLU/news/story?e&id=1637916

[Power of Emouna]

$BLU

MUST WATCH!!!

[Power of Emouna]

Insiders bought over $494,000 worth of shares in the last week + another $33,000 on July 14, 2020 for a total of $527,000 since the drastic drop. Wow over half million dollars of insider buys in just one week! That is huge!!! Enough said!! Follow the money! $BLU


Insiders bought over $527,000 of their own stock on the open market in the last week! Follow the money!!! $BLU$

Larochelle Pierre $206,250 on July 13, 2020

Bellini Francesco $151,704.90 on July 06, 2020.

Other purchase!

Bellini Francesco $136,470 on July 06, 2020


https://mobile.twitter.com/Vqle280z/status/1282871401465217024/photo/2

[Power of Emouna]

Agree! And this company has solid cash assets!! Way oversold stock price should adjust in the upcoming days! Will see $5.00+++ imo! $BLU

BELLUS Health Reports Full Year 2019 Financial Results

Cash Position: As of December 31, 2019, the Company had available cash, cash equivalents and short-term investments totalling C$116,884,000 (US$89,980,000), compared to C$48,906,000 (US$35,863,000) as at December 31, 2018.

Here is a direct link to the financial report:
https://ir.bellushealth.com/news-releases/news-release-details/bellus-health-reports-full-year-2019-financial-results-and

[Power of Emouna]

Ok that's another $33,0000 of insiders buys for a total of over $527,000 in one week. Follow the money!! $BLU

[Oliverjack]

you missing 10000 shares bought on the 14th @ 3.30 cad

[GREGG THE GREEK]

Don’t argue with idiots lol


BLU