Humanigen Inc (fka HGENQ)

[cowtown jay]

As covid hit, my best buys were in the 90 cent range.

04/24/2020 Buy
Trade Details HGEN
$0.91

04/24/2020 Buy
Trade Details HGEN
$0.999

My best sells were as follows.


03/29/2021 Sell
Trade Details HGEN
$27.78

03/29/2021 Sell
Trade Details HGEN
$29.07

My exits were on the day that Humanigen announced positive top line data of the LIVE-AIR trial, just one year after covid hit the US.

https://s28.q4cdn.com/539885110/files/doc_news/Humanigen-Reports-Positive-Phase-3-Topline-Results-Demonstrating-That-Lenzilumab-Improves-Survival-Without-Need-for-Mechanical-Ventila-O9C2T.pdf

Even more significant was the earlier announcement that the company was recalling their loaned shares.

"The penny stock company said just days before Shkreli's purchase that "it would wind down operations and liquidate assets, adding that any expectation of strategic alternatives were "highly unlikely." The company said it would discontinue two development programs, in Phase 1 and Phase 2 stage, adding it would not be able to file its Form 10-Q for the third quarter."

Shkreli has since been named the chief executive officer of KaloBios. A stock that at one point traded below $0.50 per share this year hit a high of $45.82 last week. On Thursday afternoon, Shkreli some other interesting news.

"I spoke with my counsel & advisers and decided to stop lending my $KBIO shares out until I better understand the advantages of doing so," Shkreli said. "I apologize for any inconvenience this may create in lending markets and I will probably resume lending at some point. Happy Thanksgiving!"

https://finance.yahoo.com/news/why-martin-shkreli-no-longer-155239570.html

So I share your excitement that we could be seeing, "Exactly the same..." things that we have seen before.