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| 1903 stock certificate of the Baltimore and Ohio Railroad (Photo credit: Wikipedia) |
In fact, this stock has more than tripled from its 52-week low, and for some early investors who have already seen a huge move, the thought of booking profits must be quite tempting.
But that would be a mistake.
Take a look at this stock's impressive run in the past month…
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Management's moves in the next few months are crucial in establishing the kind of value this company deserves, so exiting this stock now would be quite premature.
In a moment, I'll explain the catalysts ahead for this surging biotech, but first, let's address a key near-term headwind.
On Aug. 13, a few days before I added Celsion to my portfolio, the company filed a $75 million "fixed shelf offering. "This means the company now has the authorization to raise that much money in the form of new stock, debt, or some combination of both. Yet investors hate to see this kind of financial action. Just look at what happened to shares of biotech firm Pluristem (Nasdaq: PSTI) when the company announced it was selling shares to raise more money.. ... Continue to read.
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