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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) T.ATE

Alternate Symbol(s):  ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

TSX:ATE - Post Discussion

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Post by Jefnan1 on Feb 08, 2021 6:17pm

Share activity

There is no way today's activity has anything to do with the opening bell. I read the daily comments on here and can't believe the people who think the share movements either up or down have anything to do with the factors that  effect a mature company on a daily basis. This is a speculative drug development company so if you believe the proof of concept than you shouldn't care what happens on a daily basis.
Comment by AntibeTribe on Feb 08, 2021 7:31pm
Obviously the opening bell didn't move the SP today. That's dumb. I dont think anyone here believes that's the case.. (+$.85 on a bell opening?? Shouldn't we just play opening bells everyday then? Lol)But nonetheless, something did act as a catalyst for the upward movement today. We have traded sideways for months. Struggling with the $4 mark as a hurdle since the offering. (June ...more  
Comment by MrMugsy on Feb 08, 2021 7:55pm
We also had this recently ...  Dr. Stauffer also introduced OTEN and the Phase 2 trial results to many clinicians.  Not saying this was part of it but it may have happened recently.  Another reason there may be additional eyeballs on the company.  No idea ... just saying it is part of this past weekend's activities. American Academy of Pain Medicine (AAPM) 2021 ...more  
Comment by TriumphSpitSix on Feb 08, 2021 9:52pm
I don't know if the "opening bell effect" would be the sole reason for today's jump but it does significantly increase the company's exposure to a wider audience, even if the event itself was virtual. From TSX/TMX website: "Market Open Ceremonies at Toronto Stock Exchange (TSX) provide an opportunity to generate exposure for listed companies and select organizations ...more  
Comment by HarveyTwoface on Feb 09, 2021 6:10am
Jesus f**k, does anyone with their feet grounded in reality even think that ringing a bell makes a stock fly like yesterday??? If you think so then go back to LEGO. Yesterdays 10 x daily volume had to do with exposure to that pain event last weekend Mugsy mentioned in previous post (Stauffer presented a poster at the event), and due to more real trading houses coming in, they know this is a great ...more