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. > Share Price Down

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Post by nodaytrader on Mar 23, 2021 9:55am

Share Price Down

Here we go again! On the brink of great news and SP is down on tiny volume.
This is not a market- it’s a bunch of day traders playing with themselves.

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Comment by Mole101 on Mar 23, 2021 10:17am

Nope.. this is a bunch of MM controlling the sp and waiting for the impatient traders to sell in the chip before the big news . Date traders come with the NR , they won't waste their time if they can't get profits out and right now no volume

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Comment by nodaytrader on Mar 23, 2021 10:47am

Fair enough. Can we agree that some kind of SP manipulation is going on?

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Comment by madmax69 on Mar 23, 2021 7:42pm

Let me give some advice...you can't beat people with better info and more money. If nothing has materially has changed with AGN then don't worry about it and hang in there.

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Comment by nodaytrader on Mar 25, 2021 10:52am

This post received some gratuitous advice but no rebuttal of the notion that day traders may manipulate stock prices. The notion that AGN’s share value resides solely in the Covid trial data IMO is false. There is value in the risk/reward prospect. AGN is an opportunity to reap enormous rewards for a modest investment and that has been reflected in the stock prices of many companies (Bellus ...more

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