The Trial is OVER! Data Is Imminent
CEO DOES "AMA" ON REDDIT
On August 12, the CEO of CEL-SCI, Geert Kersten, took questions from Reddit readers.
Read the AMA session by clicking below
298 HAS HAPPENED!!!!
CEL-SCI announced that their nearly 10 year trial has finally ended. The 298th event (death) recently occurred. May the ones who have perished to this terrible disease find peace.
We expect a few things to occur:
- Large Funds and investors finally jumping in.
- Share price to accelerate over the coming 3-5 weeks and may touch $25 before top line results are released!
- Target price is $200 with successful data.
IDMC SAYS CONTINUE!!!!
The IDMC made the following recommendation on April 23, 2020:
- The IDMC recommendation “agrees with continuing the trial without change”.
READ ABOUT THE IDMC HERE
H.C Wainwright Initiates Coverage - BUY
***On May 14, H.C. Wainwright increased their target to $23!***
On January 13, 2020, H.C. Wainwright initiates coverage On CEL-SCI to Buy with a PT of $18.
CEL-SCI IS HIRING!!!!!!!
Why is a small Biotech with limited cash resources hiring manufacturing positions? Why would they incur the costs to hire, train and pay new employees at this juncture?
Per the recent Zacks article, they have already hired 7 employees since 1/1/20 and are now looking to add 4 more!
This is not normal...This is BULLISH!!!!!
Commercial Scale Preparation Has Begun!
In the PR accompanying the 10-Q, the CEO, Geert Kersten, dropped a BOMB!
"We are therefore preparing for commercial scale production of Multikine at our manufacturing facility,” stated CEL-SCI CEO, Geert Kersten.
****INSIDER BUYS****
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." - Peter Lynch
On 2/26, 6 insiders purchased shares after the attempted "take down" by those Nasty Shorts!
On 1/13, Geert buys another $50K! (hint hint. wink wink)
On 10/25, Geert bought another $25K!
On 9/4, the Geert and 2 others purchased another $57K.
On 6/3, Geert bought MORE! He bought another $25K
On 5/7, Geert "purchased another $100,000 worth of restricted CEL-SCI stock at $6.86 directly from the Company at the full market price. Several others from our senior management team and one member of the Board of Directors have joined Geert and purchased another $110,000 worth of CEL-SCI stock on the same terms. "
Furthermore, on 5/21 Peter Young bought another $10K on the open market.
All Insider Transactions can be seen here.
Why Has CVM Hired Lobbyists?
Why has CEL-SCI contracted with The Petrizzo Group to lobby the FDA/US Government about "FDA approval issues of innovative drug therapies"?
Why spend $150K when cash flow is low?
They lobbied the U.S. Senate, the U.S. House of Reps, the FDA, the Office of Management and Budget and Health & Human Services.
This ain't cheap. They have spent $50K for the last 3 quarters. Latest LD-2 form here.
CNBC'S JIM CRAMER DISCUSSES CEL-SCI, AGAIN!!!!!
CNBC's Jim Cramer AGAIN gives another ***BUY*** for CVM!!!
"This is one I'm in favor of, even up here."
This is the second time!
9/25: ERGOMED SAYS STUDY IS 96% COMPLETE OR DID THEY??
On 9/25, Ergomed released their Interim financial results. In this presentation, they state the following:
- Awaiting Phase III results
- Limited work ongoing on 30 day terms and paid from share sales
- 96% complete
96% complete...not 95% or "First Half of 2019" (like their prior presentation), but 96%. Why not 95%?
This implies we are at 286 Events! FOSCO is RIGHT!!!!
******BUT WAIT!!! Shortly after posting this all over the internet, the Interim Presentation was REMOVED and UPDATED. It no longer mentions "96% Complete".
Don't worry, your pal Sushi kept a copy here!
Why did they remove 96%? Because they fucked up and accidentally released CONFIDENTIAL info. That's why!
READ THE AMAZING ARTICLE BELOW
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