CDY - A Hair Raising Stock

[Minerbarejet]

My pick is 10.5 cents with next decent announcement . Already looking like 3 cents+ with the Melbourne event noise

There are two Melbourne events contributing to the noise.
Firstly we have the Hair Expo this weekend where the Professional range for Salons gets launched.
Secondly we have the participation of Cellmid in a huge Chinese attended (800) symposium of health, beauty and well being specifically set up for the collaboration of Australian and Chinese companies.
Its anyones guess as to what the outcome of a proven, clinically validated, hair care product for restoration of hair loss through midkine based FGF5 inhibitors being presented to 800 ready and willing Chinese pharmacists and distributors on a junket to Oz may be.
My guess: some will give it a go.
Price at posting .028
Up from recent 00.017 low
DYOR
Of course this is all on top of a US launch for evolis products due this month possibly via QVC and other dribs and drabs from various royalties and an accelerating Japanese market.
Never mind they have spawned two subsidiaries to handle midkine as it develops and to gain from venture capital and grants as unlisted entities.

[heisenberg]

June-July is going to be very interesting for this company

[cammo]

Cheesy junk I know, but quick interview with Maria on red chip

http://www.redchip.com/media/1457/ce...-drug-pipeline.

[Minerbarejet]

Sorry post was a bit big.
Here is a link instead.
All go
http://www.nextbiotech.com.au/26m-ca...%20KNOW%20MORE


Also today

• Release Date: 14/06/16 12:36
• Summary: CELLMID LAUNCHES EVOLIS PROFESSIONAL PRODUCTS-CDY.AX
• Price Sensitive: No
• Download Document

[SCHUMACHER]

Fair sort of a jump in volume , nearly 20 million, think the instos might have woken up that this appears undervalued.
Sellers are a bit scarce and good volume building on the buy side but whether they will still be there at open is another matter.
Worth keeping an eye on CDY, not even back up to last CR point and revenues are building meanwhile.
DYOR

the announcement wasn't market sensitive so suspect it didn't make any hairs stand on end

Not sure what value the market should give this company as its currently a penny dreadful like many we try to pick winners from ?
WHATS THE REVENUE ? EBITDA? etc

[penn]

Yuuup! "penny dreadful"
Nothing to see here
'Plodding biotech" wishing to solve all of woman's (and man's)
problems.
Nothing to get excited about,
that half a million dollars from sales of evolis in Japan
in one month,
may have been .....just lucky.
don't look here as there is no Lithium.
move along and let us
poor Shmucks keep the faith.

[Minerbarejet]

Cdy made .55 mil in April from Japanese sales of Evolis alone.
If this is an indicator of current sales levels then that is 12 or 13m for a year.
This just does not make any sense for a company that was valued at 18m in April
Things are coming to a head with CDY.

[heisenberg]

It's been a bloodbath out there on the markets the last couple of days.
My portfolio has been just one big block of red.
Wait - what's that hint of green I see tucked away down there?
Surely not...
Couldn't be...
It is!
My little parcel of CDY
Finally coming to fruition

[Minerbarejet]

It's been a bloodbath out there on the markets the last couple of days.
My portfolio has been just one big block of red.
Wait - what's that hint of green I see tucked away down there?
Surely not...
Couldn't be...
It is!
My little parcel of CDY
Finally coming to fruition

Shes going nuts now.

[cammo]

Let's hope it goes nuts. Damn starting to I wish I bought the options now but it was a dodgy game back then.