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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

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Post by nodaytrader on Jul 19, 2022 2:05pm

Price Decline

Here we go again!
very good news from the company followed by a rise in price, then a series of mini trades to drag the price down.

Economically speaking, the price of a commodity is what someone thinks it's worth, which is why a work of art is worth more than the materials and labour.

But with Algernon, the price seems to be what some traders want it to be. That's not right.
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