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Forum - Wall Street Pit (BIOPHARMX CORP - BPMX)    Stock Due Diligence for All

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From: theMagician (Rep: 6352)Date: 10/18/2019 10:05
Forum: Wall Street Pit - Msg #2802592 - List BPMX msgs Thread #674103918 (Rec: 0)
BPMX is about to announce BIG news. This tiny float stock with its small $5m market cap is “ working closely with the Locust Walk team, our goal is to announce a strategic partnership transaction to advance our late-stage topical minocycline drug candidates in Q4 2019, which should contribute to regaining compliance.” 5.3m is a ridiculously low market cap for a bio with $3m+ cash and advanced, ready for Phase 3 drugs seeking a large pharma partner. We see biotechs with no assets trading at $25m mkt caps or more now. Upside of 50-100%



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