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Bullboard - Stock Discussion Forum 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,... see more

GREY:ATBPF - Post Discussion

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Post by Nick80 on Mar 17, 2021 11:40am

problem with ate

The problem here is they have no good news only repeated fireside chats - and this stock could well dip nicely in the low 4's or under if the market is repricing risk assets such as ate. 

On the bright side they have some funds which hold them over water and help them to do the p3 - but i guess as a current shareholder who bought in the $6 range this is a bag holder for the next few month with further pain to come if mgmt is not producing some positive news. 

Now what would be the incentive for mgmt to do that? I think there is very low of an incentive right now to propup the sp for sh as this is a great time to let the sp dip nicely to acumulate more later... 

So in short anyone who bought in the 5 - $6 and above range is a bagholder for now feeling the pain intensify over the next few month. 

I hope I am wrong but time will tell
Comment by crow27 on Mar 17, 2021 11:50am
There is no problem with ATE. When the NR comes then everyone will see the light.The market is smelling something is about to happen.
Comment by crow27 on Mar 17, 2021 11:55am
Someone is letting the asks build up and then they come in and clean house driving it up. They then do it again and again. It's the only way to buy alot of shares.  This tells me someone knows something. Wait for it folks.
Comment by Miso420 on Mar 17, 2021 11:54am
This is a stock for longs. 
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