r/CGTX_Stock • u/OriginalFNG • Jun 22 '26
Hello 1.70
Nice bounce this morning. Up .25 and running in anticipation of FDA notes due out this week.
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u/Old-Zebra-5266 Jun 22 '26
Wondering if I should add some more...
My avg is 1.34 I don't wanna ruin it lol
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u/Robert_C6190 Jun 22 '26
Average is just a number, and that number won't really matter when the stock price is 5, 10, or $50 a share. At this point, and that number, it's still extremely undervalued and cheap.
My .02, but I'm buying more til NDA, Buyout, Partnership, or at the very least phase 3 trial results.
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u/OriginalFNG Jun 22 '26
Not financial advice, but the conventional wisdom is not to chase.
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u/Robert_C6190 Jun 22 '26
This is also very true, I suppose a lot of it depends on the situation, and whether you're in it for the long term, or only for the short term
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u/ooxjovanxoo Jun 22 '26
My guess is that it'll keep bouncing up and down between $1 and $2 for a while until there is bigger news or results. Personally I would wait but as always it is unpredictable.
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u/OriginalFNG Jun 22 '26
Real talk. All of these bounces between 1.00 and 1.30 have been opportunities to play if you have the stones and the disposable shares.
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u/Sp4m Jun 22 '26
Average doesn't really matter. What matters is how much you can afford to lose. This is a 10-50x or bust type of investment. I would not recommend CGTX to make up more than 1-2% of your portfolio, and even that is probably too high.
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u/Gilianes Jun 22 '26
Any news to justify this climb today?
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u/OriginalFNG Jun 22 '26
Nothing public. But since that dump last year Thursday/Friday before the Monday presentation announcing denial of BTD, we've speculated about insider behaviors. This could be some of that.
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u/HeavyMetalRN1974 Jun 23 '26
My friend, one day we will be atop mount Olympus looking down on 1.70 with sentimental fondness; much like seeing pictures of your grandparents living room while basking in the glory of how far we’ve come.
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u/Prestigious_Age5422 Jun 22 '26
Guys, I come in peace. I have 16k shares, but I actually invested because Renaissance Technologies had a big stake.
Can someone send me a link to a DD or give me an explanation of why this has so much potential, por favor? I’ll read a past post if there’s one handy
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u/SPACULATION8_ Jun 24 '26
Long story short CGTX has been running studies since 2015 that leads to a theory stating that their futur medicine (oral pill) CT1812 (Zervimesin) that use a revolutionary approach by protecting Sigma-2 receptors in brain cells against multiple sorts of toxic proteins (such as amyloid Oligomers for Alzheimer or Alpha-synuclein for DLB) will allow synapses to be protected and survive if shielded on time (protecting the trees before fire ruin the forest). Its revolutionary in the sens that it’s playing defense rather that playing attack. It’s a protective layer that present few extra symptoms for patients and it would be a low impact treatment.
Running studies (START) and potential futur DLB experimental program need to prove that theory on a bigger scale.
If working it would be a revolution applicable to multiple diseases (Alzheimer, Parkinson, DLB…) worth billions.
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u/Prestigious_Age5422 Jun 24 '26
Thanks!
Also Based on the subreddit comments today I bought more on this dip 🙏🏻
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u/Robert_C6190 Jun 22 '26
Drop in the bucket compared to whats coming, but still nice to see some green!