Stock Market

r/StockMarket – BLRX: The little biotech that could (fight cancer)

Here to tell you all about an Israeli Biotech (BLRX) that is about to drop some serious data which should show a revolutionary drug for stem cell mobilization. Fortunately, this is only the tip of the iceberg for this drug which also showed significant results for PDAC with very sick patients.

https://www.biolinerx.com/

The good: Low valuation, cash has now been raised (much to the chagrin of us who have been in), low float.

The bad: Management does not care about SP and is having difficulty securing a partnership.

Overall: A stock with big upside and low downside trading at about 3 per share. $22 PT which is prob high, but you are likely to see a 5x to $15 after the data is released and or when partnership occurs.

I know we won’t be watching this one today (too much going on) but consider it next week.


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