Good afternoon members, Update Can-Fite Biopharma (NYSE-MKT: CANF) Again? Twice in a row? Yup! Our new alert CANF was by far the #1 gainer in the entire AMEX exchange until about 3-3:15 PM when it became obvious that after we hit the 75% gains mark at $4.30/share, profit taking dominated the remainder of the trading session. Congrats to those who obviously pulled profits along the way. In our original report below we mentioned Roth Capital had issued a $15 price target last year. That was actually upgraded based on clinical results afterward to a $28 target. News out today from (CANF) 11-18-14 Can-Fite Near-Term Milestones Timetable for 2014/2015 http://www.prnewswire.com/news-releases/can-fite-near-term-milestones-timetable-for-20142015-283029641.html Matter of fact CANF has been on our radar for a while due to the fact we keep a close watch on these FDA trials and the FDA approval/trial calendar’s. Scroll down to the date 03/31/2015 at the following link: http:// http://www.biopharmcatalyst.com/fda-calendar/ Day one of our coverage CANF opened at $2.51/share and hit a mid-day high, moving slow and steady of $4.30/share for over 70% gains. CANF was trading at $6.75/share on January 15th, 2014. As the story progresses, FDA approvals and positive results will obviously leave a lot of future catalyst opportunities for those of you that like and hold this one long term. We are looking at Monday around market open for our next alert due to the short holiday week coming. The Team Our original report below issued 11-18-14 9:30 AM Eastern
The Oracles of Small-Caps are back with yet another potential triple digit gainer this week. Tiny float, bottomed over sold chart, at/near 52 week lows and on the verge of biotech breakthrough. This one could move fast this week with such a low share structure and perfect chart setup. Can-Fite Biopharma (NYSE-MKT: CANF) Can-Fite BioPharma Ltd. (NYSE MKT: CANF) is an advanced clinical stage drug development company with a platform technology that addresses multi-billion dollar markets in the treatment of cancer and inflammatory diseases. The Company’s CF101 is in Phase II/III trials for the treatment of psoriasis and just completed successful Phase II trials for rheumatoid arthritis. Can-Fite’s liver cancer drug CF102 Phase II trial will start enrolling patients shortly. CF102 has been granted Orphan Drug Designation by the U.S. Food and Drug Administration and is approved for Compassionate Use by Israel’s Ministry of Health. The Company’s drug candidates have an excellent safety profile with experience in over 1,200 patients in clinical studies to date. The Company’s intellectual property portfolio consists of 150 patents issued and pending. (NYSE-MKT: CANF) Highlights Nothing but the facts: http://smallcapir.com/wp-content/uploads/2014/11/2014-11-04-CANF-FactSheet_FINAL1.pdf Power Point Presentation: http://smallcapir.com/wp-content/uploads/2014/11/11-7-2014-Can-Fite-Presentation-BR_FINAL0001-1.pdf Older Analysis by Roth Capital with $15 price target, prior to the up list to the NYSE: http://smallcapir.com/wp-content/uploads/2014/11/ROTH-Capital-Analysis-1.pdf This should get everyone in our group familiar with Can-Fite Biopharma for now. As always we will have more on this week’s feature alert (NYSE-MKT: CANF) as well as an updated analyst report soon. The Team |
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