PTN Forecast


Bullish Case: Positive results from Palatin's Phase II obesity treatment trial and FDA progress on PL9643 could spur significant short-term gains for PTN.


Bearish Case: Ongoing financial struggles, historical bearish trends, and potential clinical setbacks could continue to drive PTN's stock down, leading to further losses.


Potential Outcomes:

1. Continued negative trend (60%): Ongoing negative market sentiment and financial woes drive further decline.

2. Short-term recovery (30%): Positive trial results and FDA progress spark temporary gains.

3. Low volatility stability (10%): Market anticipation of minimal fluctuations keeps price stable.


Trading Oracle: Trade bearish credit spreads expiring Jan 2025. With a 154.3 implied volatility and a significant historical bearish trend, target options like PTN 01/17/2025 7.50 C. High reward: risk with tight stop-losses. Positive edge, high probability of profit given downside likelihood.


July 18, 2024


Palatin Forecast

PTN      Palatin











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