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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to phase 3 licensure-enabling studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Bullboard Posts
Post by canadafanon Jan 07, 2020 5:05pm
357 Views
Post# 30527918

Was a lot more talk/ activity here last week.....lol

Was a lot more talk/ activity here last week.....lol

There was a lot more talk here last week during the uptick.
im as guilty as the next. Easy to get excited when price is through the roof, day after day.
In reality nothing goes straight up or down for that matter.
Since there was no news or significant data to support the rise, it can be assumed much of the rise was a combination of upward spiral, short squeeze & speculation...all at the same time.
Now, with enough time past & still no news, the uptrend has reversed & short sellers trying their hands on way down.
Could also be Onc itself selling into the market with recent atm revival.
Regardless, little has changed; Should solti aware-1 results be good, price will do awesome.
Opposite also true.
The long term still solid as a rock. 
short term? Price will go up & price will go down. 

We need the Solti news and soon.
 

Bullboard Posts