re: Closed -

Okay, I posted this in the watch list thread but this seems like the more appropriate place. SBFM is up ~20% since I posted this:

"I don’t want to start a thread on this one cause I’m not that confident. But take a look at SBFM if you’re interested in a penny swing. It’s been steadily climbing on relatively low volume on the cusp of news regarding both/either a covid medication (they are working with UGA on this) and their developmental cancer drug which is hopefully about to start trials. Both are currently undergoing in vitro and mice studies. The cancer treatment already has positive results from in vitro (16x more effective at stopping reproduction of multi-drug resistant cancer cells than current SOC). If it doesn’t show toxicity in mice it’s almost certainly a go.

Now, their climb is concurrent with the recent small cap boom, so might be smoke, but it is very steady accumulation. Price is almost to $.05 and if they drop news that either of these treatments is beginning human clinical trials it’s going up 100% overnight. Very low float for penny stock, so that's good for price potential. The risk, obviously, is that both drugs flame out and it goes sub penny. But it is unique that they have two relatively promising products at similar stages in the pipeline.

This is a swing for me, not long term. Too early in development."