Algernon Pharmaceuticals Inc C.AGN

Still up 10% on the day..

[BehStreet]

This stock has always been a gap & trap, open up high, close low. This was great news today, the value is in what the price does over the next few weeks, not what it does today. Next news will likely be Australia approval, followed by an announcement of the phase 2b/3 trial start date and the logistics of the trial. It is my opinion that we won't receive data from Korea until well into July/August. If we get positive data from the first 100 patients of the 2b trial and move into a phase 3 trial, this will be trading at $3.60, not .36 cents. Gotta look at the big picture. I will end with a quote from Warren Buffet:

"Price is what you pay, but value is what you get".

Good Luck Longs.

[NightHawk1987]

2 or 3 sentences in... I have to stop you. That is NOT how penny stocks, or especially bio pharmaceuticals work. It's not a wait 2 weeks and watch the price increase. Lol no. Its pump and dump. Pump the news and dump. My personal opinion, management screwed up again, by halting the stock. BEFORE OPENING BELL?!! That only works ONE time. Everyone is now savvy and weary. Put out a news release

[BehStreet]

SMH..

[Swingtrader]

There is no unknown reason my friend. Management and insiders are greedy ba$tard$$$ plain and simple and they dont give a funk about ther retail investor... I was holding a very large position and I was long.... Their science can go funk them selves.. There is good money to be made else where....

[Algernon]

This post has been removed in accordance with Community Policy

[Pandora]

Not a lot of insider action showing on Canadian Insider: As of 11:59pm ET June 4th, 2020 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Apr 15/20 Apr 13/20 Sadhra, Michael Direct Ownership Options

[Swingtrader]

Algernon you dum twaaaat you don't know dog $hit about trading if you don't know what's going on with this stock lol!! Firstly I have never shorted a stock in my life. Secondly if there was no halt and just a simple pre market news release, this stock would have gone north of .60 cents where it should be right now. I alone with fda approval would have picked a couple 100 thousand

[Algernon]

This post has been removed in accordance with Community Policy

[Swingtrader]

Looks like you are into dogs just like our other friend is into horses! Good for you! Go funk ur DOGS and stay long... What a waste of time you are and is this stupid rigged stock....Time to get the PUCK out this board!