BNE has gone up %33.33 today,
look's like I might be able to flip it after all,
Is any one else on here invested in BNE ?
Yeah what's that about?
Looks like there's been some sort of halt in the stock, currently up 300%
Man, this stock exploded right through the roof this morning. Was up as high as 257% at one point. I believe it also shot up a lot not so long ago. Does anyone know much about this company?
EDIT: Now up 285%
ooops, sorry, forget that. Read headline production numbers and thought it had something to do with shares.
(BOT just popped above 10C for any shares interested peeps - noonish 18 January)
Sorry for the confusion. When I said encouraging announcements I meant the ones this month that I felt had an encouraging tone to them. I suppose it's the company's job to make them sound that way.That was a premature ....(cannot even make a joke out of it)........no announcements as yet. This is the lead out train at work.......vague timings at Q1 2018 announcements Jan/Feb for the pimple study....
The accumulation has been pretty relentless with this one, so my guess is the news will probably be positive. I think there may have been some insider trading in the lead up to this trading halt given share price movement and volume in the last couple of days.halt 24jan18 for results
if this is good then company solid (remember I make stuff up)
this product is not for a nose pimple on saturday night but for those that need real help - as current products have some not so good associations (possibly think I feel bad so need Invocare). Not advice.
The accumulation has been pretty relentless with this one, so my guess is the news will probably be positive.
The study achieved all the Company’s BTX 1503 program goals. Top line data indicated that BTX 1503 has an excellent safety profile and is very effective at reducing the number of inflammatory (papules and pustules) and non-inflammatory (white heads and blackheads) acne lesions after 4 weeks of treatment.
Botanix Executive Director Matt Callahan said “These acne study results show that BTX 1503 is potentially a very safe and highly effective therapy for the treatment of acne. The acne market has suffered from a distinct lack of innovative products for more than 20 years and BTX 1503 offers an exciting new alternative to the millions of patients with acne”
“We are extremely excited about the data generated from only 4 weeks of treatment. The large reduction in inflammatory acne lesions observed after this short treatment period, is better than the leading topically applied products currently available on the market. We expect to see even greater reductions in acne lesions and continued safety when treatment with BTX 1503 is extended out to 12 weeks.”
The Phase 1b open label acne study was conducted at four of the leading acne investigative sites in Australia and enrolled 21 subjects with moderate to severe acne, with 18 subjects completing the study. Subjects were treated for 28 days and then assessed for safety, tolerability, and efficacy at Day 28 and at a follow-up visit on Day 35.
Top line data indicated significant reductions in both inflammatory and non-inflammatory lesions and an improvement in patient satisfaction. On average, inflammatory lesions decreased by ~47% by Day 28 of the study. This significant reduction is greater than any other FDA approved topical acne product, for which data is available after 4 weeks of treatment.
BOT has gone from 7c to 16c in less than a month, it is normal that there will be profit taking and a pullback after such a run. No stock keeps going up, at some point sellers will take control and push the price back down.Any idea why it went up so high followed by 3 days of down? Is this a pump and dump kind of thing or is it just speculation followed by correction to resistance?