Praxis Precision Medicines Inc (PRAX) News

PRAX near a 52/week high

PRAX under $2

Do you still have your 10K shares?

Hope this one goes up to new heights in $5+ in the next month or so.

$PRAX: Added 10k here now at 1.22


Technically........ bullish ...... should get to $1.80 min



GO $PRAX

Despite Trial Failure Praxis Still Seeks Advancing Essential Tremor Program Into Phase 3 Study
Vandana Singh
Fri, March 3, 2023 at 8:05 AM PST

https://finance.yahoo.com/news/despite-trial-failure-praxis-still-160535252.html

News today.

Not looking good now.

Getting killed this am.

FDA phase 2 approval due in next week or so.

ATM offering on S-3 didn’t hurt 2022 as avg price was $3.90 per share but not sure on 2023.

Book value at 12/31/22 is $76M. Not bad. They say they have enough cash entering 2023.

$61M cash at 12/31/22 with 49M shares O/S for about $1.30 in cash per share.

I wonder how much cash they have now?

$PRAX has $5 a share cash and easily going from $2 to $3 for my collection....patiently waiting

Looking for a gain.