Biopharma Company Ready to Run
ATNM product picked for HIV clinical trial
Good day everyone,
Today we are revisiting a stock we covered a couple weeks ago, Actinium Pharmaceuticals, Inc. (NYSE: ATNM), a clinical stage biopharmaceutical company.
Current price $.251 per share
On January 13th we alerted ATNM shares at $.25, they opened at $.27 and the next day hit a high of the day of $.30 per share for a potential gain for our members of 11%. Congrats to our member that realized a profit.
So, why are we alerting ATNM shares again, just 2 weeks later? There are a few reasons.
The shares are at $.25 again.
ATNM announced a significant news item AFTER our initial alert (we talked about it in our update if you read it). We believe that ATNM could be poised for triple digit gains as investors absorb the potential of the UC Davis collaboration.
Some of the big biopharma focused hedge funds have been acquiring the company shares. These would include Sabby Management, Sio Capital Group and Vanguard who own a combined 11.85% of the ATNM shares.
Analysts have a consensus target price of $3.25 and a recommendation of “Buy”. The low target price is $1.50, and the high target is $5.00 per share.
ATNM has an intellectual property portfolio of over 100 patents.
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