Algernon Pharmaceuticals Inc (AGNPF)

[medchem]

With the current listing/exchange we are on, there will be day traders and low volume will lead to significant fluctuations in share price... the volatility will shake some out. Those acquiring and putting down big bets are not worried they will pick them up. The important thing to remember here is that the timeline for pharmaceutical companies working on drug trials is not days or weeks. The short term really doesn't matter. Sure coronavirus might help speed up the trial process but we are still talking months. Buy, hold, and have some patience. If we get positive data in the next couple months from prelim coronavirus trials, this thing is going to shoot to several dollars if not more because of the global need. Who wouldn't want to pick up a penny stock with chances like that. When the trial data release is nearing, share price will creep because people will want in. Happens with pharma all the time.