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Monday, 11/21/2022 2:21:59 PM

Monday, November 21, 2022 2:21:59 PM

Post# of 2794
OK, gave up my shares to the covered calls.

And now due to the increase in outstanding shares? As mentioned, no longer as 'enamored' with ATNM as I was in terms of a re-entry price. So, rolled the proceeds into more CRMD shares (target price currently at $20 (mine), $25 by some analysts) this morn at $3.95.

Also took a flier on some AVXL shares at $11.58, and then sold the Dec 2 $12 covered calls for $3/sh. They have an 'event' on the 30th of Nov, to present some data, also rumor has it that on 1 Dec, there could be an update on their PH 3 trial which is nearing completion (a roll of the dice cause their PH 2 did not give me enough to say it 'can' help Alzheimer patients with 'confidence' enough to throw a lot of money into it. So went this route and will likely lose the shares or, if the price holds, as the time premium drops, may close them out and sell another round. Will see.

But one last comment, check out NGENF. They are in a PH 3, only 8.3 Mil shares outstanding, but an Israeli company. They are supposed to complete enrolling their last trial participant by the end of the 1st qtr 2023. Then a year follow up. I don't own any at the moment, but plan to start accumulating after they announce the last enrollment occurred. Target price conservatively, $4-5, suspect higher, but start low and see how the numbers shake out later. So a buy at less than $1.50 could be a decent return.

Good luck. and damn them for doubling up the share count and its impact on the potential return.
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