Nasdaq Alert: Here's Another Low Float Breakout Idea With A Chart Showing Explosive Upside Potential
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Scientists say they have figured out how an experimental dr-ug called ket-a-mine is able to relieve major depression in hours instead of weeks.(1)
Researchers from Yale and the National Institute of Mental Health say ket-a-mine seems to cause a burst of new connections to form between nerve cells in parts of the brain involved in emotion and mood.
The discovery, described in Science, should speed development of the first truly new depression dr-ugs since the 1970s, the researchers say.
"It's exciting," says Ron Duman, a psychiatrist and neurobiologist at Yale University. "The hope is that this new information about ket-a-mine is really going to provide a whole array of new targets that can be developed that ultimately provide a much better way of treating depression."
Now, here's the crazy part...
The psych-e-delic dr-ugs market is expected to grow at a robust rate of 14.5% CAGR during the forecast period and reach a value of $6.3Bn in 2026 from $3.2Bn in 2021 as there is a large unmet need for treatment.
Now the potential for this market, I've been following a few companies closely and have found one that might not fly under Wall Street's radar for much longer.
At 7:00PM EST tonight, you'll receive the complete report on this new Nasdaq profile.
To give you a little taste ahead of time, here's 3 potential catalysts to know now.
New Nasdaq Breakout Idea - 3 Key Potential Catalysts
#1. This profile has a small, small float. In fact, according to Finviz, this profile has a float of under 6Mn shares.
With a small float can come significant volatility. You'll need to watch this breakout idea closely Thursday.
#2. The news of a recent launch could draw serious attention to this company. As word continues to spread, this profile could start popping up on more and more radars.
#3. Potential for explosive intraday moves. Taking a quick peek at this profile's chart, this new breakout idea has shown the ability to make a $1.00+ move in a single day.
Since you've got some time now, do this: