Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC)
A development-stage biopharmaceutical company dedicated to the discovery, development and eventual commercialization of novel, mechanism-targeted drugs to treat human cancers and other serious disorders.
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could swing up substantially
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Cyclacel is a swamp with a lot of traders' skeletons floating in the muck. The price chart since inception should tell you to approach the stock gingerly, if at all. I've already been burned once, but thankfully escaped with a small loss after ditching the hot potato close to the peak in 2012. That spike came thanks to some nimbly spun data from uninspiring DNA synthesis inhibitor sapacitabine.
While there are some midstage trials of sapacitabine in progress and CDK inhibitor seliciclib hasn't been officially put out to pasture, the only real hope for Cyclacel lies in the outcome of the SEAMLESS phase III trial of sapacitabine in elderly AML. At some point traders are going to start seeing Cyclacel as cheap at a 50M cap with a phase III cancer trial in progress, but given that the trial has only enrolled a third of the necessary 500 patients after more than two years it is likely still too early to risk a real investment. Meanwhile, the contamination of the capital structure with preferred stock and a history of unimpressive sapacitabine performance in midstage trials should provide further incentive to seek better opportunities for real life investments until SEAMLESS is closer to a binary catalyst.
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Looks good IMO
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Small Cancer/Bio
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Small cancer bio
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This stock is poised to rise, already near it's 52 Week low. With a high insider net holding volume and low debt, this is an investment with great potential.
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Great Pipeline,Great PHASE II, Entering PHASE III, Shelf registered, Orphan Designation
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This is one of Zack's #1 rated stocks. I do not understand their reasoning for this though. The chart that came up on my computer showed this stock starting at around zero and then going on a very steady decline to at least minus 100%. Call me crazy, but I can't see much of a future in this stock unless it is bought by one of the bigger companies.
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