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Antibe Therapeutics Inc(Pre-Merger) 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, otenaproxesul, is in clinical development as an alternative to opioids and NSAIDs for acute pain. Its second pipeline drug, ATB-352, is being developed for a specialized pain indication. The Company also focuses on inflammatory bowel disease (IBD). Otenaproxesul combines a moiety that releases hydrogen sulfide with naproxen, a non-steroidal, anti-inflammatory drug. ATB-352 is an H2S-releasing derivative of ketoprofen, a potent NSAID commonly prescribed for acute pain. Its IBD candidates are being designed to maintain the efficacy, safety, and pharmacokinetic properties of ATB-429.


GREY:ATBPF - Post by User

Post by TriumphSpitSixon Jan 30, 2020 6:48pm
378 Views
Post# 30622455

Thoughts on averaging up?

Thoughts on averaging up?I've been sitting on what is now just over 100k shares at an average of 10 cents USD (ATBPF). I had over 300k bought at lows in mid-2017 but have slowly sold 2/3 of my original position when it would pop to the mid-.40s. I have bought two distressed rental properties with Antibe profits (long rehabs ongoing.)

I've always been a buy and hold long and have averaged down ALOT on the Venture but have never averaged UP. Seems with all the promise Antibe holds, if ever there was a candidate for doing so, Antibe would be it. So, I'm considering pulling the trigger for like another $30k USD injection when/if it pulls back after today's pop.

Thoughts on averaging up in general or specifically regarding ATE?

BTW, it feels great to even be discussing this topic. I was in some of the wrong picks in 2019 (blockchain/tech) and have been faithfully holding and waiting on others (Theralase, Peak Positioning, Enerdynamic Hybrid Tech) with similar "blue sky" potential as Antibe.

...patience required...

Many thanks!
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