Algernon Pharmaceuticals Inc (AGNPF)

[medchem]

Unfortunately, Algernon has an uphill battle to fight being just Mark and Chris. These big pharma companies have billions and can run HUGE trials and get them done quick. To be clear, while I do think Ifendprodil could potentially save the lungs in the sickest patients, big pharma is making moves at unprecedented speed which makes it tough even in the best of circumstances for Algernon to keep up.

We got a nod from Health Canada. Everyone needs to remember thats not trial approval. Its just a nod. We still need to find people to run the trial, submit ethics to hospitals, etc.

Fauci's most recent statements indicate Remdesivir will be made widely available to everyone, including this sickest.

We need to try and keep this as black and white as possible. Fighting against big pharma under deadlines is an uphill battle. Diluting shareholders is BS and I don't like the fact they did this despite saying they didn't need to on multiple occasions. I'm a bit pissed TBH. But I will put that aside. Watching the ridiculous volatility over the past few days is a testament to the fact no one is watching this and its getting manipulated in penny land. Probably will continue to for a while.

My last thought for now. The only thing thats going to shoot this stock up where we all want it to be is data. Period. Unfortunately, thats going to take a while. Expect volatility. If people are cool with holding long (e.g. until next year) I think its likely to see gains related to the IPF study. Im starting to think short term big pharma is going to F*** this over based on everything thats moving at warp speed. Penny land. FML.