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Why halt a stock 15 minutes prior to close for pending news then take 2+ hours to release the news?
Unless news leaked.
Well, lots of volume at least. I am sorta surprised this isn't higher but hey, it's early.
With Health Canada approval, funding is on deck.
They said in yesterdays interview they wanted to get a drug IN THE CLINIC before they went after grants. Well, here we are...
Hopefully the early sellers are now gone, lets ride
Andddddddd, we're going red soon. So. Many. Impatient. Traders.
30 dollar hollar
Still can't believe Health Canada gave the approval in *LESS THAN A WEEK*.
Adding to my conviction, that this drug can provide some benefit.
Folks, a 2 person team with zero experience in commercialization is not holding onto this drug.
After positive data, the end game is a buyout. Watch closely.
The entire world is tearing down redtape to expedite trials. If a positive signal is found which I think is likely there is no way the go it alone.
Even if they raise 10s of millions of dollars they cannot ramp up to the logistics of big pharma in the timeframe needed. Someone big will pay, they will sell. It will happen fast.
There is no way they could be 1/20th as effective at getting this drug distributed to the public at large as big pharma could. It'd literally be unethical not to sell, IMO
Um they will take the buyout. 100%. The buyout will be multiples higher than this price and they don't have the resources to distribute this drug.
It'll be a win/win for both
$AGNPF Covid-19 play +27% today. WHO LISTENED?
Hope some did. I told you all earlier.
Big news out AH, pay attention over the next month. Tremendous potential here folks.
$AGNPF Covid-19 play +27% today. WHO LISTENED?
Hope some did. I told you all earlier.
Big news out AH, pay attention over the next month. Tremendous potential here folks.
Nice. Makes sense too.
A dolla a minute.
For fun: Price prediction 30 minutes after open tomorrow?
Is is sell the news, a nothing burger, or a nice pop?
My guess........ 0.41
Never imagined the news was Health Canada approval. That happened WAY too fast.
This was big, much bigger than South Korean trial. And approval happened FAST.....less than a week.
You don't get this fast of a p2 trial approval easily. Seems regulatory bodies are buying into the story as well.
NOW we have a company with a p2 asset. Hopefully we get some FOMO/Covid-19 momentum.
Lets see that market cap get a bit higher.
I hope so but the news could be anything. I've seen halts where a price tanks 80%. Could also be a nothing burger in terms of share price. We'll have to wait and see what it is.
I am betting you are correct tho :)
Now halted on US side. GL everyone
This is hilarious that its not halted on the US exchange. Wild speculation going on, based on entirely guesses.
But...my guess is the news probably *is* good.
Buckle up folks. 10 baggers are fun
Yes, price is going up probably on speculation.
I hear ya, AGN on the Canada exchange is halted but not AGNPF, I believe. Very confusing...
It doesnt appear to be halted?
Yup, MC is very low. Companies with p2 assets are typically worth 100s of millions in MC. We aren't there *yet* but that my change in a few weeks. Im betting on it.
Yes they are a big reason why I am here. I know they are picky in the stocks they choose to cover and their overwhelming support shows to me very strong conviction in Algernon.
This area of science is a bit over my head, although Ive learned on the fly and plan to do here as well. But their confidence lends to my conviction and Ill brush up on the science as the time goes by.
Or maybe this will just be 10x higher by the time I learn more...and Im ok with that also.
A covid-19 p2 company should be work well over 100M and they are nearly there in Canada and the US.
That's still 5x from here as we're only at like 20M MC.
Early innings boys! Barely anyone knows about this little gem yet. Things will be very different here in a few months, enjoy the ride!
Biopub seems like big supporters and they are a sharp group of folks.
Refreshing to see legit science at work here rather than penny pump and dumps.
Still working on filing IND with the FDA.
Seems the paperwork is the most tedious but it is coming along
Huge: Anticipate first patient *DOSED* on May 8th for South Korea trial.
I thought they were going to start screening or enrolling or whatever May 8th, apparently the dosing will being then.
Should have data feedback within 4 weeks, depending on when they decide to release it to us.
Nice 318,000 shares sitting on the bid here. Someone wants in.
$AGNPF BioPub.co Presents: Algernon Pharmaceuticals, The Science of Ifenprodil
https://finance.yahoo.com/news/algernon-presents-science-ifenprodil-special-123010518.html
When: April 29th, 2020 12:00 PM EDT
Please click the link below to join the webinar:
https://us02web.zoom.us/j/87397209889
$AGNPF BioPub.co Presents: Algernon Pharmaceuticals, The Science of Ifenprodil
https://finance.yahoo.com/news/algernon-presents-science-ifenprodil-special-123010518.html
When: April 29th, 2020 12:00 PM EDT
Please click the link below to join the webinar:
https://us02web.zoom.us/j/87397209889
I think April was the table-setting month (still up over 100%) but May and June is where the money will be made.
They are about to deliver some fantastic progress for a very small company and the upside here is about the best Ive ever seen in a nanocap biotech company.
I am curious if they are still pursuing an IND with the FDA and how close they are in submitting. Hope to hear some more color on that and more during today's Biopub interview.
$AGNPF is your Covid-19 play. They are looking to run multiple p2 trials, with the first beginning enrollment on May 8th in South Korea.
Tiny market cap, huge upside if successful.
$AGNPF is your Covid-19 play. They are looking to run multiple p2 trials, with the first beginning enrollment on May 8th in South Korea.
Tiny market cap, huge upside if successful.