Monday’s trading activity was more than spectacular with OncoSec Medical Inc. (ONCS) having its highest ever trading session with 8,816,988 shares traded. Had it not been for the dumps occurring on Great Wall Builders Ltd (GWBU) and Independence Energy Corp. (IDNGD) which drew traders into ONCS while it was fighting to get past the .25 level, it would have ended up higher than its 11.71% intraday gains. Today’s update from the Company regarding preliminary data results could send it shooting past that .25 level.
Those who got into ONCS when we posted it on the site on Tuesday last week at just 0.18 are still up but, like we said, its is just getting started.
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ONCS Stock Chart (10-Day)
OncoSec announced today that Dr. Adil Daud, principal investigator, presented preliminary enrollment and safety data at the Second European Post-Chicago Melanoma Meeting in Munich, Germany for the company’s on-going Phase II metastatic melanoma clinical trial, OMS-I100.
To date, OMS-I100, a Phase II open-label, multi-center clinical trial investigating the safety and efficacy of plasmid interleukin-12 (DNA IL-12) with electroporation, has completed approximately 50 percent of enrollment. Based on currently available safety data, no grade three or higher adverse events related to the treatment have been reported, and most reported adverse events were treatable and transient.
Read the entire press release here.
About OncoSec Medical Inc.
OncoSec Medical Incorporated is a biopharmaceutical company developing advanced-stage OMS ElectroOncology therapies to treat solid tumor cancers and metastatic disease. OMS ElectroOncology therapies address an unmet medical need and represent a potential solution for less invasive and less expensive therapies that are able to minimize detrimental effects resulting from traditional cancer treatments. More information is available at www.oncosec.com
Bottom Line: The penny stock of OncoSec (ONCS) should be on the radar of traders today. With all the other million dollar stocks done, this is the only one with positive news and a future financially. ONCS – Long and Strong.
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