Viking Therapeutics Inc (VKTX)

[ZeWaffleBaron]

If went to 3.00 I'd make approx 200% on my common, maybe 175% on my warrants. If it went to 4.00 I'd make 300% on my common, but a little over 400% on my warrants. That's why 3.00 is my target, and why I will likely only hold warrants through news. Linear excess gains on warrants vs common for anything over 3.00. So anything over 3.00 and I'd be ecstatic. If this gets 5.00, I'm gonna start wearing a tophat 24/7 and quit my job!

my portfolio is 80% biotech, a lot of other stocks out there, one or two may get their day. The goal is surviving to keep playing the game, and be able to keep placing larger bets, imho. Odd results happen. Clinical trials are a funny game. I firmly believe we are heading for good news, but I also believe that clinical methodology sometimes temporarily defeats science, if that makes any sense.

I will continue holding way more warrants than a prudent man should... all the way through news. I sleep no easier friend. Bumpy roads ahead, enjoy the weekend all