https://alphapursuits.com/wp-content/uploads/2021/03/AEZS-wheel-strategy.png 720 1280 Tony https://alphapursuits.com/wp-content/uploads/2017/03/AP-logo-300x78.png Tony2021-03-11 16:45:362021-03-11 16:45:36AEZS | A Stock For The Wheel Strategy
Why AEZS could be a Good Stock for the Wheel Strategy
- It raised money ($30 M) recently: Likely won’t run out of money soon or doing another round of equity offering to dilute the equity value. This means the stock price will likely remain stable for a while.
- Some positive announcements: European partnership, Reestablishing a pipeline, Covid-19 vaccine.
- Technical analysis shows the stock price will likely remain around $1 or higher in the near future.
- Options chains indicate a nice ROI.