The stock market isn't demonstrating a lot of hopefulness and I assume that's the elephant in the gift shop.
It's not likely, in my mind, at least, that people will refrain from pursuing acne medications due to Covid-19 issues. Acne scars are responsible for many permanent disfigurements. I don't believe sufferers are willing to ignore their plight by not getting prescriptions filled. And there will be a time when we no longer have to wear masks so those scarred won't always be able to hide their problems.
So I remain confident that this stock will assume a higher share price. I'm thinking shares are under pressure because of general market conditions, having nothing to do with our commercial viability.
As an active trader, let me disclose this:
I have a current order (GTC+ ext.) for 400 shares of MNLO set to execute at $1.40.
In setting the order I'm allowing for the proposed reverse split which I'd expect to drag our share price down considerably.
Hoping all is well for followers. Please feel free to contribute.
Jugs
Recent VYNE News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:30:24 PM
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- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 10:01:48 PM
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