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Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Comment by Quentin30on Jun 12, 2024 2:14pm
50 Views
Post# 36085314

RE:RE:RE:RE:RE:Multiple thoughts.

RE:RE:RE:RE:RE:Multiple thoughts.No-one carea about my portfolio, is that irony..?? as you asked me for entry and exit points...

I told you already... I bought in heavy at the end of October 2023... liquidated half my ONCY, and was buying in October... I was buying stock between 50 and 38. I sold all of it in Feb at 73.38.

I also had some in a tax sheltered account, but had bought in from 120, all the way down to 38... my average on those is 56, I bought more on the dip to 52 last week... and oh look, they're up again...

I've also been accumulating a position in Tesla, av. now 189, so just a few percent down. They're a longer term play.

I sold more ONCY the day before the AGM, which was nice, as I'd bought those shares when it dipped below $1... so a nice 25% increase.  I'd hoped for a much stronger rally, but the fireside chat/agm were both nothing burgers really... so glad I sold as the stock has cratered ever since... I sold yet more yesterday (those shares at a 50% loss), and bought more Tesla.

There really is nothing but a partnership announcement that will rally the ONCY stock price, and there are far better companies out there with far less risk..

I recall you bought ONCY at 1.06... did you expect to be down after 1 year ?
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