Night_Owl_Biotech
Posted - 1 day ago
$STRO is off 40% the last 7 trading days. This is the largest drop of 25 peer clinical-stage oncology focused bios with market caps between $150 & $650MM (see attachment). STRO's enterprise value (market cap - cash) = -$167MM. STRO is running a potential reg'l trial in certain ovarian cancers not suited for Elahere & has engaged a banker (Lazard) to find a long-term partner. Put simplest, it is worth investors efforts to fully research STRO as, though of course STRO could fail, its risk/reward profile is compelling again (especially if you believe stocks like STRO trade in cycles) Other clinical-stage oncology focused bios trading for well less than cash with near-term pot'l value inflection points/data reads incl $CMPX $ITOS & $ZNTL $BDTX trades slightly higher than cash but expects a Phase 2 data read in certain lung cancers in Q125 (BDTX's therapy was deemed "de-risked" by Piper Sandler after an interim read 2 months ago). This is not investment advice.
Allez
Posted - 3 days ago
$ITOS someone in unloading
AntBombman
Posted - 6 days ago
$ITOS yeah GSK liked the phase 2 lung data that's why there is a phase 3 trial just started up. Ignore the doom mongers below.
bullwink
Posted - 1 week ago
$ITOS Is this the end? What is the end game?
EZ904Duval
Posted - 1 week ago
$ITOS If it doesn’t make cents, than it doesn’t make dollar
Night_Owl_Biotech
Posted - 10/27/24
Attached is $ITOS share price over the last 2 years. ITOS trades at a ~60% discount to 6/30/24 cash & A/R & has multiple data reads over the next 12 months. $STRO also trades for well less than cash while its Luvelta has near-term anticipated reads in ovarian cancer & NSCLC. $ZNTL is a 3rd with a large negative enterprise value. Azenosertib's clinical hold was just lifted. Data reads are expected in ovarian & USC by year end. This is not investment advice. All 3 are clinical-stage oncology focused bios which means it's very possible all 3 fail & investors incur 100% losses. Only 1 in 10 therapies in Phase 1 ever make it to market. However, 1 of the multiple data reads in any of the three could create meaningful value inflection points. Hence we only suggest investors follow these 3. We are unaware of any other credible clinical-stage oncology focused bios trading at such a large negative enterprise value. As always, do your own due diligence.
InvestorNOR
Posted - 10/22/24
$ITOS Strong support at $9!
flytrader1
Posted - 1 month ago
$ITOS 10k put buyer $9 Jan25 for 50cent
AntBombman
Posted - 1 month ago
$ITOS interesting fall on news and rise much the same. A few buys today!
ms0632
Posted - 1 month ago
$ITOS wonder how the investors that paid $17.50 in their direct offering are feeling now. This company needs to say something. Idiots.
haupman
Posted - 1 month ago
$ITOS gaps down every day. Supposedly huge cash balance.
InvestorNOR
Posted - 1 month ago
$ITOS Bleeding EVERY SINGLE DAY. Never seen that in my many years of trading on a company thats worth this much. Usually that happens on penny stocks
haupman
Posted - 1 month ago
$ITOS anyone consider the cash balance is fake? Nothing makes any sense here.
haupman
Posted - 1 month ago
$ITOS even at it's highs on the conference hype, this thing only traded right to its cash balance. Does the market think TGIT drugs are worthless?
haupman
Posted - 1 month ago
$ITOS what I like about this POS is that when it lifts 10 cents, the sellers get so offended, they rush in and push it right back down. They need to hit every bid.
haupman
Posted - 1 month ago
$ITOS another near-term hope is for Phase 2 data post the June cut off to be released soon.
haupman
Posted - 1 month ago
$ITOS seasonally weak time for biotechs but this one is literally the worst. It's just about at all time lows.
InvestorNOR
Posted - 1 month ago
$ITOS Just get whatever deal is possible. This company sucks at giving shareholders any value
haupman
Posted - 1 month ago
$ITOS there are no other biotechs that trade below cash balance, much less this far.
InvestorNOR
Posted - 1 month ago
$ITOS Absolutely crazy how this can go down so hard every single day
haupman
Posted - 1 month ago
$ITOS best thing for shareholders is for $GSK to cancel the drug development and return the rights back so the company can be liquidated.
haupman
Posted - 1 month ago
$ITOS bottom here is $0 folks.
AntBombman
Posted - 1 month ago
$ITOS $GSK are happy for the phase 2. They are funding a phase 3 off these results from ESMO. A little hint - you can only have a phase 3, if your phase 2 was positive. FDA wouldn't allow it otherwise...
haupman
Posted - 1 month ago
$ITOS it trades under 50% cash balance. No other stock does this. Something we are missing with this POS here.
ms0632
Posted - 1 month ago
$ITOS this stock is in desperate need of a positive PR.
InvestorNOR
Posted - 1 month ago
$ITOS Remember folks, the news regarding the toxicity in the Phase 2 was because they included side effects from all cohorts. Including 1000mg. They chose 400mg for Phase 3, which should have a lot less side effects. And to add, all competitors that failed Phase 2 with Anti TIGIT did because they have to use high dose, but belrestotug have the advantage of not needing a high dose to beat existing anti cancer drugs on the market! Thats extremely bullish!
InvestorNOR
Posted - 1 month ago
$ITOS Everything is red today. What a great year this have been to be trading...
haupman
Posted - 1 month ago
$ITOS why has this stock spent so much time over the past few years trading below cash value? No other biotech does this.