Aug. 6 at 8:43 PM
$MDNAF David, who puts a detailed Substack on X about Medicenna, is a good read. I recommend all investors read it/subscribe. It's very detailed. If, and that is always the word, he is half correct in his glowing writings, this stock will not stay here long.
In fact, his coverage may have even sparked this tiny run.
What's next? Need volume to build over weeks while price continues to climb. Be aware: They have an ATM and go to it regularly. They are in need of cash (within the 1 year raise period) and could opt to bring on another RA Capital type investor sooner than later. Price needs to go higher for the latter.
Volume is the key here. Impossible to fill large orders without the stock price launching. Will be interesting to watch this all play out.
