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Bullboard - Stock Discussion Forum Algernon Pharmaceuticals Inc. C.AGN

Alternate Symbol(s):  AGNPF

Algernon Pharmaceuticals Inc. is a clinical-stage drug development company. The Company is focused on developing repurposed therapeutic drugs in the areas of non-alcoholic steatohepatitis (NASH), a type of liver disease, chronic kidney disease (CKD), inflammatory bowel disease (IBD), idiopathic pulmonary fibrosis (IPF) and chronic cough as well as advancing a stroke program using N, N... see more

CSE:AGN - Post Discussion

Algernon Pharmaceuticals Inc. > Can only manipulate so far
View:
Post by NamesJeb on Dec 20, 2020 9:25pm

Can only manipulate so far

So I figured I'd bring this point up with all the recent negative comments regarding manipulation etc. I know some of the longs here look more thoroughly into who's trading what and when. I'm sure most people know about Kal aka Anonymous(assumed) who at all times has 100-200k on both the ask and bid between shares and warrants. The thing with predatory stock manipulators is they only have SO much pull. Sure the guy has 5-10 million shares and warrants, but we have to keep in mind there's 129+ million outstanding + warrants. If this final covid 19 data readout is in fact strong, someone with less than 8% ownership will simply not be able to keep it contained no matter how many shares they throw at the ask. If the data is strong we will blow past any attempts to keep this down so long as there is enough traction and interest.
Comment by talisman47 on Dec 20, 2020 10:27pm
Agree with everything you are saying. The sad part is a lot of time, effort and money has been put in by Algernon  and the stock  has great potential, however, after all that has gone on so far with all  of  the news releases, pod casts, webinars, and postive trending intrim results.,etc...... .......the stock is only 24 cents !! They have to show us that what they are doing ...more  
Comment by Algernon on Dec 20, 2020 11:57pm
This post has been removed in accordance with Community Policy
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