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Re: oldstocks post# 23

Thursday, 11/09/2023 9:56:05 PM

Thursday, November 09, 2023 9:56:05 PM

Post# of 47
Everything looks good to go here. I am not sure why this was taken down from $15 to $2.50 on just one of their pipeline drugs being pulled by the company in order to save their cash burn rate?

They still have four other drugs in the pipeline here.

With $300 million in cash this will get them all the way through 2025.

I believe this selloff was an overreaction and a very nice bounce is in order here.
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