 Hello everyone in this video. We're going to go through this penny stock I think this is a really good penny stock that's good to look into and there's several reasons for that I'm going to go through the reasons why and we'll go through this penny stock right away You know just to respect your time or get right into the information. I've got to say at the start Obviously, I'm not a financial advisor on my business teacher my daily life But I'm by no means an expert on the stock market But in this video what we're going to talk about is what I believe to be a really really good penny stock opportunity I think that this is he hitting a buying point at this current stage and the sun buys earns that I'm going to go down as well in Terms of what where I think that this should be bought at and I think where I think it might go and what the company is in a Bit of research and why I think that it's a really good opportunity If you appreciate the direct approach about getting into the information right away to respect your time And please leave the video like it helps out get it open the YouTube algorithm and that'd be fantastic if you can do that Thank you So as we go through this we've got it's called selector selector bio sciences It's creating the next generation of targeted Cancer therapies. So we are a clinical stage by a pharmaceutical company focused on the discovery development and commercialization of drugs For the treatment of cancer our core objectives is to leverage and our proprietary I'm not going to be able to pronounce that but you can see on the screen delivery platform to develop PDC that's specifically tight cancer cells to deliver improved efficacy and better safety as a result of fewer off-target effects the PDC platform Possesses the potential for the discovery and development of next generation Next generation of cancer targeting treatments and we plan to develop PDC is independently through research and development Collaborations so this stock in particular it's about building strategic partnerships Which is what they've been building with other companies and other research facilities It's about building a lot of money into research and development So when you look at their costings, etc What they're doing right now is putting a lot of money into research and development because they need to do that for this particular company Okay, but we're going to look at the potential opportunities here. So it's a really interesting company. It's obviously Something that's needed in terms of what they're trying to achieve there So there's a demand in the market for what they're trying to do And another interesting point about the company is that it's interested. It's got it's got it's got a lot of product pipeline So again, they've got a lot of products here and I'm not going to be claiming to be sort of scientists So I'm not going to go into the intricacies of you know each particular product but the point is they've got a lot of products in the pipeline to Fulfill their objective as a company of what they're trying to do there, which is great to see that they've got a variety Then you know, they're not just relying on you know one that they've got some that's in different phases You know a variety of different ones here in different areas Now another interesting point is the leadership team of the company You can look through all of them on the website and obviously do your own research when you're buying penny stocks Because the high risk but obviously high reward But I just thought it was interesting in terms of the leadership team I just want to point point something out so so they've got individuals with a lot of experience in this area So you've got James here who's a life sciences Executive with 27 years of professional success with multinational and specialty pharmaceutical companies So 27 years of experience in the industry and they've got a leadership team where basically There's a lot of expertise in this area Drivers of operational excellent excellence fostering high performance culture and advancing product development Again a very very experienced individual and he is the CEO and director there So you've got a lot of experienced people in the leadership team of this company Which to me is a good sign because it's you know at the end of the day It's a leadership team that's going to drive the company forward and make it succeed in the long term as well There now recently. This is why I think that this is an opportunity This is an opportunity for this stock because recently in that they announced an underwritten public offering Okay, so 24.455 million dollars and 20.5 million concurrent private placements So it says here a late-stage clinical Pharmaceutical company focused on the discovery development and care commercialization of drugs for the treatment of cancer Today announced the pricing of its previously announced underwritten public offering of its common stock for growth proceeds of approximately 24.5 million dollars a public offering price of $1.35 per share of common stock Okay, so they've you know announced this essentially public offering here and what happens from a public offering Is you tend to see stock prices go down significantly before rising up again? So this is why I think it's a good buying opportunity and we'll go into some fair information here So what is what's happened so after that was announced it has dropped significantly dropped about 31% Okay You know it was at 250 and they have often a public offering at what what did I say like 130 or something like that? And it's a 191 now. I think that this could drop a bit fair or even Maybe it's a once 170, but maybe not maybe this a lot as low as it goes really And I would I would maybe put in a small position at 190 and the next target price is if it dips to 170 boom buy some more If it dips to 150 buy a bit more Again, I'm not a financial advisor and business teacher and by no means an expert But let's do your own research on the penny stocks, but the interesting point here So as I'm saying, you know Try average down as it as it decreases because the main reason for this decrease is the public offering And then there's a lot of people that have invested potentially invested in this penny stock Not really that's been not realizing. There's been a public offering They've panic sold and it's driving the price down fairer than it really should be going and that provides an opportunity That so what have we got here CNN business in terms of analyst forecast It's not even at that now. It's one one point nine one But what have they got it at the low end? They've got it at three dollars. Okay, the analyst three dollars at the low end It's well, it's just dropped to 191 could drop even fair could drop to one one 150 if it does I would load up because they're saying the low end is three So even if they they are slightly wrong and it goes to 250 again, you still you still in profit by a lot Again low end three medium is five dollars and high is ten dollars. So I think that this is incredibly Stock analysts obviously saying that it's going to be a lot higher than this I think that it's becoming incredibly underpriced because of the stock offering recent stock offering I think the company overall has got a lot of long-term potential. I mean, there's a lot of catalysts You know if they build strategic partnerships if they come up with products that are really innovative in this particular area That's going to be massive for the company. And but certainly I think that this is a fantastic Opportunity in the stock here. So do your own research have a look see what you think Leave a comment down below if you've got any thoughts on this stock I'd be interested to know and also don't forget to like the video if you appreciate this direct Approach, I'm not going to try and get it over 10 minutes for extra and revenue or anything like that Direct approach to this video I just wanted to bring this to your attention So if you appreciate that Me just being as direct as possible with the information and getting right to it and respect in your time Then like the video much appreciated and subscribe to the channel I'll be covering more penny stocks and other stocks in the future. Thanks for watching