It’s definitely good that the market bounced for the week instead of further slide. Although the bounce was tepid, I’m sure most will accept the green more than another red week.
Thankfully, my port also bounced back into the green territory. $TRXC and $AEMD helped even though others corrected a bit.
$TRXC bounced nicely for the week and I wrote another thought on it. You can read it by clicking here.
$AEMD continued to stay above the uptrend line which mean it is technically strong.Every day is one day closer to FDA discussion result. I’m curious to know how the AEMD hemopurifier begins its commercial pathway as defined by the FDA. Patience is key here.
$IBIO I never worry about this one ’cause its plant-based protein expression technology is needed in our future. When the day come when iBIO becomes relevant, watch out! Meanwhile, any positive news from $AEMD will drive price further up from here. Yeah, don’t forget the IND filing for its lead therapeutic candidate IBIO-CFB03 for the treatment of systemic scleroderma, idiopathic pulmonary fibrosis, and other fibrotic diseases; it could happen any day also.
$DFFN reminded me of $AEMD when it was trading below a buck. After awhile, price will eventually bounce back because the technology has significant impact to the medical world when efficacy is proven. As mentioned in my last week post, I’m particularly excited about the coming Phasse 1&2 stroke trial to be taken place in real-time ambulance setting. Any positive reaction in the ambulance or hospital to the stroke victims after receiving TSC infusion will spark an epic run on this stock. My 2 cents only, of course.
$LRAD is still my number one position. The transformation of the mass notification system from legacy tech to LRAD’s superior tech is going to turn this company into a power house eventually. Yeah, it has been a long time coming for this directional sound beam tech to become relevant. And I think the current trend of increasing natural disaster incidents is going to wake everyone up to update their mass notification systems so they can effectively and efficiently notify the intended target population in a moment notice in order to save as many life as possible.
Thanks to $TRXC and $AEMD, my port moved back into positive territory for the year.
Main port: LRAD TRXC IBIO AEMD DFFN & cash (up 2.1% YTD)
Trading port: MENXF IBIO
My 2 cents
From my camera: