Short Term Play: Successful Coronavirus Drug Trial Provides Injects Significant Interest in NOVN

Novan released news that recent clinical trials show positive signs against SARS-COV-2. They also plan to to begin Chemistry, Manufacturing and Controls work to develop Essentially this is a Coronavirus drug play with a short upside based on news. The relatively low stock price and recent spike in price will attract retail investors and allows for a scalp opportunity.

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Short Term Play: Successful Coronavirus Drug Trial Provides Injects Significant Interest in NOVN

Oct 14, 2020

bullish

fundamentals Analysis

[< 1 min Read]

Novan released news that recent clinical trials show positive signs against SARS-COV-2. They also plan to to begin Chemistry, Manufacturing and Controls work to develop Essentially this is a Coronavirus drug play with a short upside based on news. The relatively low stock price and recent spike in price will attract retail investors and allows for a scalp opportunity.
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NOVN

Novan, Inc.

2.37

0.07
3.04%

Return

-48.48%
Change % Since Posting
-2.23
Change Since Posting
4.60
Price When Posted

Metrics

8.10
Target Price
4/ 10
Confidence
< 1 Week
Timeframe
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Earnings Per Share
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Financials
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Management
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Price to Earnings Ratio
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Dividend
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Other Catalyst

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