Tomorrow earnings call. I expect delay in trials due to Covid. The revenue is not yet a big thing but lower than expected will take the share price down to new lows. Alector operates in a challenging difficult field but if succeeded the rewards are huge.
O
Info Marketbeat Alector: 4 buy, 1 hold and 1 sell. Consensus price target USD 33
O
Expect the share price to sky dive today -20%. Reason higher than expected loss per share. The truth financial results not of interest but progress being made. Long term investment. 2023.
Y
Alector is down 9.10% to 8.09
Y
Alector is down 8.73% to 9.31
Y
Alector reached a 52 Week low at 8.68
Y
Alector reached a 52 Week low at 9.05
O
Sometimes no news is good news.
Y
Alector reached a 52 Week low at 9.43
Y
Alector reached a 52 Week low at 9.33
Y
Alector reached a 52 Week low at 9.76
Y
Alector reached an all time low at 9.01
Y
Alector reached an all time low at 8.75
B
Phase 1,2,3 drugs for dementia, Alzheimer’s, parkinsons. If these work out well and there are no side effects, (unfortunately) the need for these will be tremendous. I don’t know if it’s from the diet or the screen watching or the plastics in our environment or the lack of relational involvement or just the lack of love but I do it think it’s just an inherited trait. God bless them all.
financial results not of interest but progress being made. Long term investment. 2023.