I've been trying to keep up to speed on more stocks lately, plus digging into some new ones. The next "big" news for Cortex should be the interim AD results in October. The PET scan portion of the study should be a slam dunk (relatively speaking), since we've already seen clear increases in regional brain glucose utilization in Dr. Deadwyler's primates. The only real question will be how much cognitive improvement a single dose of CX-717 will show in the battery of cognitive psychometric tests they'll also be giving. The high dose is 600 mg, so there's a good chance of seeing at least indications of cognitive improvement after a single dose, which when combined with the PET scan data should give BPs some idea what CX-717 can do. I personally would have preferred seeing the trial designed to have dosing for at least several days or a week.
So it looks like the plot thickens for GTCB. I wasn't that surprised over the additional 4 month delay, since I always considered continued regulatory foot dragging to be the primary risk with the stock (made more serious by the company's lack of cash). At least they did raise some additional money over the summer, which turned out to be a wise move. There's a chance that GTCB could tank under a dollar, as happened earlier this year, followed by a decent rebound. Trying to catch that rebound might be something to consider, although for me that would violate one of my basic trading principles - to never short term trade a stock that you aren't willing to own for the longer term (since if the trade goes badly you're stuck with it). I'm just not willing to own GTCB through the entire regulatory process, so I probably won't try to trade it. After the last big drop under a buck, GTCB came roaring back quickly, but this time the rebound might be considerably less vigorous.
Recent RSPI News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 12:30:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:01:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 01:03:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/02/2024 01:30:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 01:45:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 01:45:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/17/2023 09:06:03 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 09:05:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/12/2023 01:00:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 12:45:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 08:05:55 PM
FEATURED POET Technologies Reports Second Quarter 2024 Financial Results • Aug 15, 2024 8:04 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
ATWEC Reaches Profitability, Announces Massive Earnings Growth, and a Strong Forecast for the Rest of 2024 • ATWT • Aug 15, 2024 7:16 AM