COCP #1 PURE CV $50 PT or $2.5 BILLION
Review the management background who is one of the most experienced teams ever assembled on a clinical-stage biotech. They know exactly what to do and took the bull by the horns and acquired the best compounds from KSURF Kansas State who have been working on this for 10 +years backed by the National Institutional of Health grants!
Management did a very smart move to raise enough money to survive for the next 2 years in a month that the stock would have run to $10+ otherwise. As the CC said they have a 500,000 a month burn rate with $20M in current cash NOT including additional MERCK money this year or other partnerships OTW.
The day they finalize the leading compound the stock will take off in a few weeks! When they announce a big cap biotech COVID-19 marketing partner that could come any day during this pandemic expect this to shoot to $8-10 overnight.
So many other catalysts. This just got very real! Own 100,000 shares will add another 100,000 shares on Monday!
If you are really stupid and want to go bankrupt would be the only reason to have a short position.
Forget the clown who lies 24/7/365 who is the real fraud who wants you to believe he sells at the top and covers at the bottom perfectly timed! Guaranteed was the first to file unemployment for cash!!!