.60 cents... after is sloggss down to .05 cents.. need to post some earnings and Clinical studies funded and directed by MJNA
GW Pharmaceuticals plc 2 hours ago
LONDON, Dec. 11, 2013 /PRNewswire/ -- GW Pharmaceuticals plc (Nasdaq: GWPH, AIM: GWP, "GW" or the "Company"), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for U.S. Application Serial Number 12/996,124, a patent which covers the use of cannabinoids for treating glioma.
Glioma describes any tumor that arises from the glial tissue of the brain. Glioblastoma, or GBM, is a particularly aggressive tumor that forms from abnormal growth of glial tissue. According to the New England Journal of Medicine, GBM accounts for approximately 46% of the 22,500 new cases of brain cancer diagnosed in the United States each year. Treatment options are limited and expected survival is a little over one year. GBM is considered a rare disease by the FDA and the European Medicines Agency, or EMA.
The subject patent specifically covers a method for treating glioma in a human using a combination of cannabidiol (CBD) and tetrahydrocannabinol (THC) wherein the cannabinoids are in a ratio of from 1:1 to 1:20 (THC:CBD) with the intent to reduce cell viability, inhibit cell growth or reduce tumor volume. A Notice of Allowance is issued after the USPTO makes a determination that a patent can be granted from an application. The issued patent from this application will provide an exclusivity period until June 2029.
"This Notice of Allowance follows the recent launch of our first human trials in glioma and several years of pre-clinical research in the field," stated Justin Gover, GW's Chief Executive Officer.
Just in time Million to Billions... your gonna see some big volume tomorrow...
Go short MJNA if you can find shares...I think it will be hit on this news..
Uhhh , hell yaaa?
Your gonna see all shorts cover tomorrow first thing in the morning... Good timing GW Pharm.. Grerat work on the PR to keep the float from losing volume.
Gaps open and closes up 10% probably build a new base in the high 30's over the next few days
Sentiment: Strong Buy
Once the first good report on any of the Phase 3 comes out. bammm 73 will be a past memory...
Once this becomes a legal prescribed medication (in which I have no doubt it will) I will be the first to sign up with a doctor for my conditions.
Mill to Bill, good luck on your short. You will be successful to short to 28 the charts look right at a probability 50%..
But your lies are despicable.. Greed is running your life... quit the lies.. quit twisting facts..
U R dreaming...
maybe premarket up, then sell off after 10 am ... back to 46.50.. Maybe more if some negative coverage is made in PR's
strange?? CBD is allowed (by the FEDS) to be shipped openly as a HEMP product with no THC ... that is contradictory of your statement. I think it depends on who you talk to, I see nothing in writing about CBD on the controlled substance list...
While the states are in control of that. They will need to anty up to the Federal Highways need for additional taxation.
LONG GWPH, maybe PHOT on next bounce...
I am hearing a lot of good news towards MJ getting Capitol Hill acceptance for medical MJ.
However the next (and largest) HUGE hurdle will be the legislation controlling the GOVT jobs, including transportation and military.
I predict MJ prescription medical MJ acceptance in steps (starting by fall 2015) coinciding with GWPH approvals with Sativex during these finishing FDA trials. Recreational has a lot of hurdles to move through for Federal approval. Expect major guidelines for public intoxication limits and testing like DUI / DWI.
you might get .006 short out of it on the variable trading day coming next week, but unless any news is bad coming, this will be support for a while at 11 cents... MJNA PR did a good job to recapture the investor sentiment but terrible timing, 4 days late on that on??? common, that flushed my stop loss. ...they need to pay attention better to #$%$ like that... probably lost a lot of investors. that could have stayed in for the long run... I will reenter as soon as this weeks news wears off...
I am very surprised there was no follow up by the CEO or other PR in regards to the SLANDER remarks regarding the quality in RSHO from the former Dixie representative .
Sentiment: Strong Sell
needs to consolidate for a week, then I may consider a buy again.. I am looking at 5 cents now, unless MJNA can clean up the BAD PR from their former head of Dixie comments on Facebook Slander..
I have yet to see MJNA follow technical protocol.. I think it will continue to sell off.. Mainly due to lack of investor confidence and follow up PR on studies and new promos
Revenues will increase next quarter, but the Stock price will plummet until then. I will wait until the week prior to earning release say Mid February?
8 cent's seems to be the next support. after a weak 10 cent support
a 4th fire due to road debris will drive the stock much lower, anyone care to drive their 75,000 car into some road debris and go short? Pretty much sums it all up for this stock now. TOTAL recall on safety warranted,?ELON is in denial of the problem. FIX the battery shield !!!
TESLA passengers are still safer than 99% of the vehicles on the road overall.. But will burn to the ground on a road debris.. bad for sales