Stockchase Opinions

Jeff Parent B. Eng. FCSI CIM Oncolytics Biotech ONC-T DON'T BUY Aug 08, 2018

The technicals do not look good at all – with a decline lasting over the past two months. He would not touch this one at all. A 50 day moving average would be a buy signal if it can trade back above it.

$5.490

Stock price when the opinion was issued

biotechnology pharmaceutical
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WEAK BUY
Interesting technology. Trials are turning out well, but too small a sampling at this time. Speculative.
WEAK BUY
Biotechs have had good moves. Has a ways to go before their drug is on the market. Speculative in the short term.
WEAK BUY
A wild stock. Created a virus that could reduce cancer dramatically. Long term potential could be good. Trials have only been small ones. Risky.
DON'T BUY
If they can find the right deals and get through the clinical trials, the upside would be phenomenal. Very volatile right now.
WAIT
Has a pretty high beta, so the stock goes up and down like a yo-yo. Likes with the company is doing. At some point, a major pharmaceutical company will get interested in their technology. Would like to see more trials and results.
WEAK BUY
Not aware of any upcoming short term catalysts. Continuing with their trials. Never had bad results. Very volatile and still early stage.
COMMENT
Phase 2 cancer company with some pretty decent results. They are a long way away from where they want to be. Product has huge potential.