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$LRMR - Announced that the FDA has cleared the Company’s four-week, placebo-controlled, Phase 2 dose exploration trial of CTI-1601
👆Up 8% Pre-Market/ Current Price $3,40
could probably get through approval on just 25 mg if they are going to approve reta
The company said it received feedback from the FDA on information needed to resolve CTI-1601's current clinical hold, as well as a proposed change for a second phase. CTI-1601 is a treatment for Friedreich's ataxia.
Larimer plans to submit a complete response to CTI-1601's clinical hold in the third quarter.
Larimar is also proposing a phase two, four-week dose exploration study in Friedreich's ataxia patients. Friedreich's ataxia is a rare disease that causes progressive nervous system damage and movement problems, usually beginning during childhood.
I voted NO on the 2022 Annual Meeting Vote. I recommend you do the same.
Waking up . But volume should be higher.
LRMR 2Q20 results—6/30/20 cash=$113.7M:
https://www.globenewswire.com/news-release/2020/08/11/2076240/0/en/Larimar-Therapeutics-Reports-Second-Quarter-2020-Operating-and-Financial-Results.html
No CC.
Large chunks are being gobbled
Whales are lurking around?
The company they are merging with looks pretty darn impressive
https://chondrialtherapeutics.com/
* * $ZFGN Video Chart 12-26-2019 * *
Link to Video - click here to watch the technical chart video
* * $ZFGN Video Chart 12-24-2019 * *
Link to Video - click here to watch the technical chart video
News: $ZFGN Penny Stocks To Buy Or Sell Before The End Of 2019?
These Penny Stocks Moved Big But Can They Continue Higher Before Next Year? Over the course of the year, plenty of penny stocks have generated significant gains for investors. Even as the year comes to a close, there are some penny stocks that are gaining momentum. It is often said that inve...
Got this from ZFGN - Penny Stocks To Buy Or Sell Before The End Of 2019?
Like I said at .67 cents
* * $ZFGN Video Chart 12-23-2019 * *
Link to Video - click here to watch the technical chart video
Wow...guess they will satisfy the 1dollar minimum nasd requirement with out rs.....
This will be huge when ticker change and merger consummated next month!
Scrap the notice of delisting boys.....
82M cash and 30M OS....sounds fun!
* * $ZFGN Video Chart 12-20-2019 * *
Link to Video - click here to watch the technical chart video
Over a buck soon when ticker change completed....
exactly is great
Probably 3-9 months away still - appears to be a massive over correction and tax loss selling on the merger news. Just a short target at the moment. They will run this in Q1 pre-split to get a much more favorable ratio IMO. Let's see what happens. Lots of cash on hand here at very low burn rate per Q.
R/Split coming per 8k today
December discounts. With 85 million in cash, a merger, and priced at 67 cents there's no way this doesn't run soon. 35 million O/S.
Ticker change coming...Shorts will get burn if they will not cover or do damage control.
ZFGN has 82M dollars in cash!
The proposed merger will result in a combined publicly traded, clinical-stage biopharmaceutical company operating under a new name, Larimar Therapeutics, Inc.
Shorts covering.. they have to before it gets out of control once the merger is official...
10 day MA live chart huge oversold,safe here now,will recover nice
Just saw a bunch come through on tape that were vastly different but didn't indicate "out of sequence"...they were either out of sequence or it was a messed up market order. Just odd. This one is clearly under short attack. Volume could squeeze it near term.
ZFGN~~Balance Sheet
Total Cash (mrq) 82.01M
Total Cash Per Share (mrq) 2.19
Total Debt (mrq) 24.35M
Total Debt/Equity (mrq) 40.67
Current Ratio (mrq) 5.11
Book Value Per Share (mrq) 1.60
https://finance.yahoo.com/quote/ZFGN/key-statistics?p=ZFGN
not really. that would mean its been up and down, up and down. this is nothing but down..
...this price action is ALL over the place. Crazy.
man i hope so. just want out even now
will recover but sucks,waste of time
Zafgen and Chondrial Therapeutics will host an investor conference call today, December 18, 2019, at 8:30 a.m.,
Conference Call Information
Zafgen and Chondrial Therapeutics will host an investor conference call today, December 18, 2019, at 8:30 a.m., Eastern Time, to discuss the merger as well as other forward-looking information. Investors and other interested parties may participate by dialing (844) 824-7428 in the United States or (973) 500-2177 outside the United States and referencing conference ID number 5688136. The call will also be webcast live on the Company's website at https://zafgen.gcs-web.com/events-and-presentations. A replay of this conference call will be available beginning at 11:30 a.m. ET on December 18, 2019 through December 25, 2019 by dialing (855) 859-2056 in the United States or (404) 537-3406 outside the United States. To access the replay please provide Conference ID number 5688136.
dont think so
This is done no benefit to this company but ONTX will make you very rich
institutions selling off?
the news is great,why?
fffffffffffffffffff MMS