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Satellos Bioscience Inc ICOTF


Primary Symbol: T.MSCL Alternate Symbol(s):  MSCLF

Satellos Bioscience Inc. is a Canada-based biotechnology company. The Company is engaged in developing new small molecule therapeutic approaches to improve the treatment of muscle diseases and disorders. The Company is focused on the research in muscle stem cell polarity into a proprietary discovery platform, called MyoReGenX, to identify degenerative muscle diseases where deficits in this process affect muscle regeneration and are amenable to therapeutic intervention. With this platform, the Company is building a pipeline of therapeutics to correct muscle stem cell polarity and promote the body’s innate muscle repair and regeneration process. The Company’s lead program is an oral, small molecule drug candidate in development as a potential disease-modifying treatment for Duchenne muscular dystrophy. It has wholly owned subsidiaries in Australia (Satellos Bioscience Australia Pty Ltd), in Canada (Amphotericin B Technologies, Inc.) and in Delaware, USA (Satellos Bioscience US, Inc.).


TSX:MSCL - Post by User

Post by AuntiePennyon Aug 09, 2018 4:56am
194 Views
Post# 28431822

Likely to go higher..

Likely to go higher..Upper Bollinger Band is at 24 cents. MACD indicates a run (short or long - who knows) is just starting. Nothing bearish to come in the stochastics for a while. We have just been through a 3-week shakeout. No guarantees of course but this one is more likely to go higher than lower.

BTW - this stock is masterfully manipulated. After hitting .14 they let it drift back to fill the .125 bid to shake out the weak sisters, then, suddenly, after 3:00 o'clock they rushed it up to .165 on even higher volumes to prevent weak sisters from jumping back in. 

Hope the put out some news or IIROC may impose a halt pending an explanation for the activity.
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