One man’s poison is another’s meat...,
Welcome to biotech’s.
Have held and sold many over just as many years. Some gains, some losses yet all share the same pattern of vulnerability..., including some blue chip.
Have bought ptx as low as 5 or so cents and as high as 13.5 cents over last 3-4 years without the sale of even one share.
Professional management, internationally recognised scientific team and although still experimental (early to mid phase of trials) promising compounds with a vision for precision medicine aim.
Today’s sp ‘failure’ may or may not be someone’s bargain entry or further accumulation..., who knows.
The lack of gap between 9 to 5 cents today listed may not be the case if the SP continues to decline.
A 15% decline on less than 700 k of shares suggests to me a seller (s) between projects willing to make a loss in order to further invest in others..., maybe not.
Until a negative announcement is made public, happy to hold and accumulate on this one.
Please do your own research and the above is simply my opinion and not financial advice.
PTX Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
