LadRx Corp (LADXD)

[Ecomike]

Perfect storm for a perfect bottom. Stock was already testing support lows, market sold off, and it broke under those lows, Washington continued their BS Debt ceiling game, and then CYTR announced plans to sell some shares and raise cash they expect to need for phase 3 trials in a year, raising the cash at .52 share (so they said in the fee calculation), so some people panicked and sold and we bottomed hard at .40x/share, which is very likely to hold. Now MMs and daytraders are playing a tight range above .40 while the market collapses further.

I do not see 30's much less 20's. This company has far more, and a better quality and more developed stage pipeline than it did in early 2009, when it bottomed near this price, in the 30's. And the dilution is not going to be that large. This stock was near $2 last year with the same OS we have today, for about a 750% gain.