Soleno Therapeutics Inc. (NASDAQ:SLNO)

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  • DAN: Watch $SLNO. Still pushing against $50 bucks in a loooong base for the entire year.
  • woodman: $EFTR $SLNO - SLNO is an example of what good data can do to a low floater (or left-for-dead) biotech. SLNO has moved almost 10x since its blast-off on 9/26 (to today). It's still moving higher. It now has a $1.42B MC. Low floater $EFTR is currently a $37M MC. A similar move in $EFTR would give it a mere $370M MC. It has Phase 2b Tomivosertib (lung cancer) data coming this Q (expected in March). I think the data will be good. This will be followed by additional Zotatifin (breast cancer) data expected this half of the year. Is it worth a lottery ticket with what you can afford to lose (if, in case, the data aren't good)? That's your call.
  • Herb: $SLNO good-acting biotech. Volume picking up recently.
  • efrain007: $SLNO on watch for a trade
  • efrain007: $SLNO working, support at 5min 9ma
  • efrain007: $SLNO breaking 5min support
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Stock Price $53.62
Change -5.47%
Volume 3,249,960

Soleno Therapeutics Inc is focused on the development and commercialization of novel therapeutics for the treatment of rare diseases. Its product candidates comprise Diazoxide Choline Controlled-Release tablets, which is an oral tablet for the treatment of Prader-Willi Syndrome.

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