AFMD

by leonard | June 27, 2024 2:20 pm

AFMD is a successful little company with amazing med-trial results. Recommended by several “touts” as a “strong but” but apparently the market doesn’t care about their success . . . . is there something I’m missing . . . len f

Source URL: https://www.stockgumshoe.com/2024/06/microblog-afmd/

12 Comments

Inline Feedbacks

View all comments

Member

22083

Travis Johnson, Stock Gumshoe

July 3, 2024 2:56 pm

Don't know anything about that one -- they are a very small company to have several active clinical trials, but the trials are still tiny and not all that expensive yet. Maybe the lack of interest is just because they have to keep selling shares to raise funds (they're burning through $25 million or so per quarter, and as of May they have ~$50 million in cash).

AFMD

Leave a Reply Cancel reply