Bayer's drug for mesothelioma failed Phase 2 trial. It uses IMGN's linker and DM4 payload. Disappointing and the market is showing it through drop today and maybe past few days through rumor and leaks.
Down over 10% in three days.....why?!!
Any reason for the huge dip today and yesterday?
always seems like before earnings the price Rises with 90% of stocks I watch
Monster MicroCaps Alert to IMGN shareholders - $BLGO in early part of very big move. Shares up 35% in last week getting ready for several major very bullish events in short term:
1. CupriDyne Clean industrial odor control sales exploding. In under 60 days, 3 of the Top 10 Waste Industry Giants have signed Master Supply Agreements with BioLargo and word on street is that CupriDyne works so much better than the competition that it is going to dominate all odor control. There are over 1,000,000 industrial facilities with serious unmet needs for odor control. CupriDyne destined to be multi-billion-dollar product very soon. 2. BioLargo Clyra Medical Division ready to file 510k with FDA this month for revolutionary low cost advanced wound care products. Clyra has figured out how to use iodine as the most powerful known disinfectant ever known against even resistant strains, and make it completely non toxic. This is a revolutionary product that is also likely to take a big bite out of the 10 billion dollar wound care industry. 3. BioLargo’s AOS SYSTEM is the biggest breakthrough in water treatment in history. A commercial beta Prototype is being unveiled and showcased this August at the University of Alberta. The market is well over $800 Billion for the AOS SYSTEM.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.2 In other words, the correlation coefficient of the other stock
Good time to add more today on the down shortened day!
Not being cocky, because shorts have been right about this stock waaaaaay more than longs, but I would not want to be carrying a short position on this stock now. If you are short, and you were not busily closing it out as this thing traded down near $1.50 a while back....well, I just don't know.....and that's all I got to say about that......