Algernon Pharmaceuticals Inc (AGNPF)

[medchem]

The news today meant nothing. These guys continue to pump. It's common knowledge that when the data safety monitoring board approves the trial half way in to phase 2, it's clearly safe. We already know ifenprodil is safe its been used for other conditions for years.

Their news release today reaffirms my point they are pumping out garbage PR... that's why it's hard to take them seriously. That's why I am upset.

"They call this a green light"... if we knew the drug is safe, what exactly does this news tell us? Anything new? No. It's two paragraphs of pump to try and prevent the day traders from getting bored.

They pump the stock a bit and then... where is the money coming from? That's coming next...