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Post by Yelk on Apr 6, 2020 17:23:59 GMT
Hey guys,
Wanted to mention this one as its at the bottom right now and worth a look, tiny float. I won't be posting about every COVID company as there is too many but as it hasn't ramped up yet throw I'd through the idea out there.
CANF Price $1.55
Catalysts:
- Started phase 2 COVID trial today (announced Friday, small bump) with 40 patients: clinicaltrials.gov/ct2/show/NCT04333472
- Readout of phase 2 data soon Namodenoson Phase II NASH Data Expected in April 2020 - Can-Fite completed enrollment of 60 patients with NAFLD (non-alcoholic fatty liver disease) with or without NASH (non-alcoholic steatohepatitis), and plans to announce topline results during April 2020
- Piclidenoson Phase III Rheumatoid Arthritis and Psoriasis Studies Complete 50% Enrollment; Interim Data for Rheumatoid Arthritis Expected Q4 2020
- Phase 3 data in Q4 and COVID trial started today with June-Aug action could open up buying opportunity even if bad April P2 news.
- Namodenoson is Headed into Pivotal Phase III Liver Cancer Study – Following a successful End-of-Phase II Meeting with the U.S. Food and Drug Administration (FDA) regarding
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Post by Yelk on Apr 7, 2020 13:09:05 GMT
Positive P2 results glad snagged some. Right delayed news Tuesday's. But it was only chump change as I wanted to average down on bad P2 news. Not sure how far this will go today, stronger markets, covid news, other catalysts and now this. Probably won't add cause too small a position but interested to see.
First 10 min: Looks like it might be a sell the news, yikes or very slow response haha.
Saw a few tweets saying the data is meh. For at the very least neutral news and all these catalysts and float/pumper stock its surprising but that's the market for ya haha.
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Post by Yelk on Apr 13, 2020 14:08:32 GMT
There is the 50% pop on COVID news - I would sell this morning and forget the stock, that is only reason went in for upcoming PR. I got shook out after the P2 mess. Will be a nice short after all the day traders leave prob.
There is a chance of runup into data so if bought before the move can decide if want to hang on into summer. Credibility just seems a bit sketchy.
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