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Acasti Pharma Inc ACST

Acasti Pharma Inc. is a Canada-based late-stage biopharma company with drug candidates addressing rare and orphan diseases. The Company is targeting three underserved orphan diseases: GTX-104, an intravenous infusion targeting subarachnoid hemorrhage (SAH), a rare and life-threatening medical emergency, in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull; GTX-102, an oral mucosal spray targeting ataxia-telangiectasia (A-T), a progressive, neurodegenerative genetic disease that primarily impacts children causing severe disability; and GTX-101, a topical spray, targeting postherpetic neuralgia, a persistent and often debilitating neuropathic pain caused by nerve damage from the varicella zoster virus (shingles). The Company’s clinical assets have each been granted Orphan Drug Designation by the FDA, which provides seven years of marketing exclusivity post-launch in the United States, and additional intellectual property protection.


NDAQ:ACST - Post by User

Post by EternalPonzion Jan 15, 2020 12:25pm
128 Views
Post# 30555953

Another Negative Slanted Article

Another Negative Slanted Article
https://investorplace.com/2020/01/future-of-acst-stock-on-hold/ The word 'unsuccessful' is used. I would argue the trial was in fact not unsuccessful. Rather, 'indeterminate' would be a much better and more accurate description. Unfortunately, retail investors are being completely swayed by articles such as this. Goes on to talk about a lack of a catalyst. I will argue, again, that the catalyst that will move this stock forward in the short term is sellers unwilling to sell or loan their stock to the shorts(but as long as negative articles are continuously being issued some sellers will inevitably become impatient and capitulate) and buyers unwillingly to risk missing out. As the weeks progress the pressure to avoid missing out will in all likelihood become the dominate trading force and the shorts will be forced to cover. Shorting in the hopes ACST is a zero is ill-advised based on just this first 'neutral' round of Ph3 T1 trial data. Remember we still do not know how the secondaries (LDL, HDL etc) were affected by the drug.
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