AEZS | 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.
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