Extremely dangerous speculation play going forward that could, COULD, pay big? Or lose Big?
$Alaunos Therapeutics(TCRT.US$ Yes, this has been on a great uptrend! Nice profits have been made! Now going forward its all speculative IMO! So an R/S has been voted on and approved. No date set but expected very soon, if the company actually decides to go through with it? Also Company cut its workforce by 80% to save money! As it stands they had cut one of its pretty successful drug trials ( TCR-T library ). But continuing with ( hunTR TCR Discovery Platform ). But they only expect enough of a cash runway to get into the 2nd quarter of 2024. This brings me to more of a speculative conclusion. With such a successful trial and their portfolio. The company IMO stands a chance of being bought/merged into or maybe just its research and data could be bought? here is a company quote. ((((( Strategic Alternatives: The Company continues to explore strategic alternatives, which may include but are not limited to, an acquisition, merger, reverse merger, sale of assets, strategic partnerships, capital raises or other transactions. In connection with the strategic reprioritization, the Company has reduced its workforce by approximately 80% to date in order to streamline the organization and to maximize its cash runway. ))))))) Just thinking outloud![]()
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Jaguar8 : Probably this will be acquired if the conditions are favorable for the buyer
TrytosaveabitOP Jaguar8: Exactly what I’m thinking! But you know me? I don’t want to mislead anyone! So I just put my thoughts of what COULD happen? I hope you’re having a great weekend, and I also hope you will be taking advantage of the extra day away this weekend to get some decent rest? And you know what I’m referring to! I would hate for you to not be putting that first? Then I would have to go through all the trouble to find where you are and come kick some sense into your posterior parts! Hehehe! Be good and be well my friend
Jaguar8 TrytosaveabitOP: Thank you my friend! Indeed I had a good sleep last night because I didn’t have to wake up for pre market haha. Excited for next week. I’m holding UCAR over the weekend.
TrytosaveabitOP Jaguar8: As well as I am also holding it! KaChing! Well I hope anyways! Hehehe