Monday, March 1, 2021

ATNX stock: over 50% plunge on March 1, 2021

Yahoo -> Finance -> Conversation 

This company's market cap just got cut from 1.25 Billion to 535 million, with revs of 156 million and 2.45 per share in cash. Oh yeah, its going back up.

no worries~ they have 410asset, 324M current asset, quick ratio 3.49, current ratio 3.49, 102 M annual revenue

A complete overreaction. And FDA approval was not excepted. They have already a fda approval drugs from last month. The The stock is at least worth 8-9$without oral p. From this level I am bullish. I hedge my self with 10% short before the weekend. It is covered now and i did got more shares at 5.05. Suddenly break even at 6.5 again! 

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