Co intends on purchasing a Phase III ready drug and facility for 50M via a loan as well as a 7 year warrant for 350,000 common stock. Lots of resistance at 6.
SYN
Earnings winner, cup and handle pattern forming.
GERN
Earnings were crap, seems like a Zachs pump. Potential short.
AXN
Dead pump bounce, support at 1.2, once cracked the chart will be broken
IFON
Earnings winner with technical support at 2.4.
CRMD
Company has just extended the expiry on existing warrants till April 30. Co has also entered into a backstop loan agreement with a current investor for 4.5M will can be accessed at anytime before April 30. Co also just released the lamest PR regarding their new financial adviser. Stock is holding strong, don't short too quickly, note that each wick is higher than each prior wick for the last 7 trading days.
ARQL
No comments:
Post a Comment