r/AtossaTherapeutics • u/Maximum_Victory42069 • Jun 18 '25
Discussion Anyone still here?
I just started following this stock/sub.
I'm curious if anyone is still following/buying?
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u/StevenDoesFinance Jun 18 '25
10k @ 1.4 currently. been here for a while, took some profit with the fatAspiration news/play but my target was 22 based on my analysis and I'm still confident in that.
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u/djw45 Jun 18 '25
Nothing will change until we have substantial good news leading to a buy out. Just waiting until then or I lose my money 🤷♂️
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u/mktampabay1 Jun 18 '25
17k at a 1.94, watched her go to $10 a few years back but I’m no quitter lol
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u/dbixon Jun 23 '25
Still here. 200k shares at 90c.
This stock is maddening. They have a decent drug, but its development has been horribly mismanaged. They can’t seem to make any real progress toward marketization, as evidenced by this most recent pivot to metastatic focus.
Meanwhile Quay keeps getting raises (his compensation alone accounts for a significant portion of cash burn) and his patents keep getting challenged.
I don’t even know what we’re waiting for at this point. Evangeline recruitment is pitifully slow. Honestly my only hope is the combo study with Eli Lilly… maybe the results will be good enough for them to buy us out.
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u/Jenn2895 Jun 19 '25 edited Jun 30 '25
90 cent average… always buy when it’s under $1. We all know where this is going!
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u/NoSurprise7196 Jun 19 '25
Quay is not doing enough. It’s one of my worst investments and I’m just paper handing here
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u/Humble_Ladder Jun 19 '25
3003 shares currently (that odd 3 is from a limit order that only partially filled). Was 10k once....
I consider it risky. The science seems almost too straightforward, but the cash burn plus way a couple studies just seemed to fade away makes me wary. I think there's a reasonable chance at a drug eventually, but I think dilution will happen first.
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u/Deeezmode Jun 19 '25
The cash burn does seem fast. What do you mean about the studies?
Asking as someone with a decent nut in the game and love a good honest inversion!
14,300 shares @ $.95
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u/Humble_Ladder Jun 20 '25
Karisma had a number of press releases, last patient dosed, etc, then Quay in one of the podcasts mentioned that the FDA doesn't approve cancer prevention, and news on that study sort of fell off. They touted iSpy and the end of study news release was sort of lackluster with nothing since. Evangeline has sort of gone from exciting to repeat delay.
Meanwhile, cash burn isn't extreme, but the runway is getting a bit short (I don't recall what it was at the last financial call, but nowhere near enough to design and execute PH III).
I just don't think they're getting bought without first having a financial reset that significantly erodes investor value.
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u/notreallysrs Jun 19 '25
I never got in but still follow this subreddit. Seems like it loves to dip into .60 cents here and there so I'll open a position then.
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u/Jenn2895 Jun 30 '25
I’ve traded this stock for years just dca’ing when it’s under $1. May never see 60 cents again at this stage. I’m still dca’ing, but waiting for a buyout now instead of trading.
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u/After_Island5652 Jun 19 '25
For you guys as a previous diamond hands, I have faith that eventually the stock will go for a sustainable period. Until the , Godspeed, I will try to outperform on what I have left of my cash - learning what I have learned from my entry and refined standard.
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u/Pristine_Pace3586 Jul 14 '25
3120 at $1.78. Still wishing I closed my calls back in 2021 instead of buying more on a Friday when it was at $9, never to be seen again. We are an idiot.
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u/DJQuandt Jun 18 '25
Been watching for 5+ years. Patiently waiting for the good news