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Bullboard - Stock Discussion Forum Allon Therapeutics Inc NPCUF

Allon Therapeutics, Inc. is a Canada-based Company, which develops treatments for neurodegenerative diseases. The Company is engaged in pre-clinical and clinical development of proprietary neuroprotective compounds which may be applied for the potential treatment of Alzheimer's Disease, Parkinson's Disease, senile dementia, glaucoma, traumatic head injury, neuronal damage due to stroke and... see more

GREY:NPCUF - Post Discussion

Allon Therapeutics Inc > N.A.P.E.C. : A MYSTERIOUS STOCK
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Post by modulex on Nov 15, 2017 6:36pm

N.A.P.E.C. : A MYSTERIOUS STOCK

when reading about napec, it is an open secret that there are takeover talks going on behind the scene. the share price drifted to $1.31 today but closed up a penny higher than yesterday, to close at $1.34. it has traded in that pattern since the hefty buyings by Desjardins Securities which started in september 2017 at $1.20 up to $1.35. the 52-weeks high is $1.36 the stock cannot be lifted at this slow pace for ever. i expect to wake up one morning and learn of a sale. napec is afterall operating largely in the United States. So, an american competitor will take it on without any doubt.
Comment by Vimon66 on Nov 15, 2017 7:07pm
Mysterious indeed! It looks like it is artificialy maintained in order to justify a floor level share price that will be used as leverage for some upcoming transaction or to ensure a higher sale price. We are probably not helping their cause by talking about it, but it seems so obvious. They should Tell us...
Comment by flogshot on Nov 15, 2017 9:48pm
I agreed that the trading is strange. I was surprised that the stock did not jump when the financial results came last week. i was thinking an easy 1.40 $ in the following days but it didn't happen. The volume are low since the result and the closing price around 1.35 $.all the time. So your theory is not impossible.  An offer with a 30% plus value is 1.75 $ An offer with a 40% plus ...more  
Comment by CBalardo on Nov 19, 2017 8:11pm
This stock has lost a bit of momentum should be higher,but I don't blame it on anything but the markets. If I was CEO I would wait for market correction before I start pushing this one. This is going to be a nice stock after they streamline some of their business.The market needs a bit of a shake up on blue chips. I honestly think we with see more support from Quebec fund companies, more ...more