Taking profit11 Jan 2023 08:49
I said a while back people would regret selling at 1.2 and 1.33 and although I understand people wanting to take profit (understandable after the worst bear market since 2008), I can tell you now people will regret cashing HEMO in at 2.33 as well. So why do I think that? I would think that any well researched investor would know, the final test results of HEMO CAR-T testing, PQ3 will be released within the next 13 trading days. Within 10 trading days of that HEMO’s IND application will be submitted to the FDA, and a maximum of 20 trading days after that Hemogenyx will become a clinical company. This is just one of three viable product candidates, and we can expect positive updates on both their CDX bi-specific antibody and the extremely exciting CBR platform during this period. For me personally, if I look two months ahead, I’m anticipating an average rise of 25% for each week between now and then. So a Mcap of anywhere between £60-80m in March. So by all means take profit, nothing wrong with that but although it’s only my opinion, do yourself a big favour. leave something in as I really think you’ll kick yourself if you don’t.