Premarket is up 6 cents on no new data? What is the catalyst?.
When they make the June earnings announcement it should show that they have reached a new milestone. $250,000,000 in accumulated losses. That's 1/4 of a billion dollars squandered not to mention the years that an effective cancer treatment could have been approved and in use saving/prolonging lives. Good job management!
Based on what I just read I don't see any products ready for market. They have a phase 3, phase 2 and a phase 1 clinical trial product in the works. I see years before they get to market. I bought recently but I bought too soon. The company looks optimistic and promising but I can't wait that long. I hope to break even and turn the risk over to those with time on their hands.
Friday after close filing shows a Director buying 13000 shs. in the open market on Friday at av. cost of 1.89...Hmmmmm.
"The estimated net proceeds to the Company from the sale of the shares of common stock or pre-funded warrants in the registered direct offering are expected to be approximately $4.3 million. The Company intends to use the net proceeds for general corporate purposes."
clsn nets only $4.3 of $5.0 million - commissions/costs $700,000, or 14% aside from shorts, who is the winner on these constant fundraisers that are followed by repeated reverse splits?
CLSN is a certified pump and dump stock. Always short it when it spikes and buy the dip. Next dip is $1.40.
Just hoping to break even.
until the day they are sufficiently capitalized with 2 years of working capital this will continue going below $1
rather than continuing dilute over n over, time for management to sellout
all ready know
Today is Huge for Celsion Corp (CLSN)...this is a stable and growing company with great financials and now superb study news = $$$ for the company. Soon the Big Name Hedge funds will start buying in now as this stock is definitely on the radar now. This stock should continue to trend up as the day goes on and even more once the upgrades start and the 1yr target increases Big Time...Baker Brothers Advisors, RA Capital and Broadfin Capital, etc. Great fundamentals, management and guidance that's in favor of share holders plus larger companies that my want to buyout Celsion.
$CLSN: Any News On INSIDER Trading???... I just read that one exec' bought 100,000 on Friday... If True, this means it could be A GOOD-TIME To BUY!!!... BULLISH!!
Next buying opportunity at 1.00 dollar lol
CLSN is financially messed up and worth just $7.5M now. It's just crazy! I wonder if management has something to do with insider trading of this pump and dump cycle since January.
This stock is a buy and hold
The DMC last looked at the OPTIMA data Nov. 2016 and unanimously recommended continuation. Let's say they take another peek in mid 2018 and data is tracking the same percentages as the HEAT data. Since safety is not a concern, do you think the trial will be halted on overwhelming benefit?
Celsion Announces Data Monitoring Committee Unanimously Recommends Continuation Of Phase III OPTIMA Study Of ThermoDox® For Primary Liver Cancer
I see this investment shooting Up again as well. I saw the same exact scenario with PULM.
GEN-1 Offers Hope to Ovarian Cancer Patients A meeting with management revealed new information on the IL-12 gene therapy. Our meeting with Celsion’s execs yesterday gave us an opportunity to discuss the data presented at the ASCO meeting earlier this month. In sum, the results point to two roles for GEN-1 in the 1st line ovarian cancer setting. The Ovation Study treated patients with advanced ovarian cancer who were scheduled to receive standard neoadjuvant chemotherapy. The patients also received one of four doses of GEN-1 to determine a maximum tolerated dose or recommended dose for future studies. The neoadjuvant setting provided the Company with tissue samples prior to (biopsy) and after treatment (surgical resection) to assess the effect of the therapy via translational analyses (i.e., impact on cytokine levels and the tumor microenvironment). Translational data revealed the stimulatory effect of GEN-1 on the immune system. A dose-response relationship was observed between the therapy and levels of IL-12 and the downstream cytokine interferon- γ in the peritoneal fluid, while pathological levels of TNF- α were reduced. Plasma levels of the four compounds changed modestly, suggesting that GEN-1 had little systemic effect. That finding is consistent with a benign safety profile of the therapy. In addition, the GEN-1 neoadjuvant treatment reduced the presence of immunosuppressive biomarkers in the malignant tissue and increased the density of cytotoxic (CD8+) T cells in the tumors. GEN-1 appears to extend patient survival. The data is still maturing, but only one of the 14 patients enrolled has exhibited disease progression and most have reached the 11-month mark since being treated. This suggests GEN-1 extends PFS beyond the 12 months achieved with neoadjuvant chemotherapy alone. And it is consistent with the 100% control rate reported for the 14 subjects and R0 (potentially curative) resection achieved in nine patients. An extended PFS may convince the FDA to grant “breakthrough” status to GEN-1. A GEN-1 pivotal trial will likely commence in early 2018 to test the therapy in the 1st-line setting . While the study’s design is not yet complete, we believe Celsion will seek U.S., European, and possibly Japanese authorization to test its IL-12 gene therapy for ovarian cancer in the standard neoadjuvant regimen and as an adjuvant therapy following surgery. Thus, GEN-1 may become the standard of care for a malignancy that has evaded modern medicine for 40 years. We are maintaining our BUY rating with a $9.00 price target
Another reverse split. I missed this one. After having 10,000 shares, I now have about 15. I wonder if their is or ever will be a viable therapy from CELSION. After 15 years and alot of sucker's money, I don't know how they could raise any more money. If there is indeed something noteworthy in all their research, it needs to be sold to one of the pharmacy big boys to finish developing. CELSION appears to be more of a make work project for a few individuals.
So i recently came across a company called "CYTX" (symbol) who have a product that is a liposomal encapsulation of doxorubicin....clsn has no patent......
These guys can't make a decision and stick with it. Cancel offering, make offering, cancel offering, what's next?
LOL...I've watched this company for years. The one product that they received FDA approval on which was a balloon catheder for the uretha they ended up selling so that the original owner could make a boat load of money while the investors got screwed. Everytime the stock goes up a bit, they issue more stock to keep the dog and pony show going and company salaries flowing.