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biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s):  BIOAF

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in particular biological products, across the blood-brain barrier (BBB). It is focused on both orphan drug indications, including brain cancers, and rare genetic neurodegenerative diseases and neuroinflammatory conditions. The Company is also focused on its Epidermal Growth Factor (EGF) platform for treating rare and orphan neurodegenerative and neuroinflammatory disorders. EGF is a protein that stimulates cell growth and differentiation, notably for myelin producing cells. Its development programs include xB3-001: Brain Metastases, xB3-002: Glioblastoma and xB3-007: Neurodegenerative Disease.


TSXV:BTI.H - Post by User

Post by buddy2021on Jan 21, 2021 5:15pm
246 Views
Post# 32355102

Retracements after a big move up are common

Retracements after a big move up are commonRare to have a stock move in a straigh line for many reasons.
BTI moved from $.30 to $.70 in a couple of days.
That's $.40.
Very common to have a 50% retracement of a big move before moving forward.
In this case $.70 - $.20 to $.50.
That's the way the investing world turns.
Many have been working hard to have BTI turn the corner.
BTI has a lot of good things going on and along way upward to go.
Sit back and enjoy the ride.
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