Will be interesting to see if the weak hands get shaken out and have their Stop Losses get hit. If the Stop Losses start to get hit, I’m wondering if it will capitulate until it fills the open Gap unless of course the company releases some unforeseen more good news via a PR this morning.
Time will surely tell. So set your “Stink Bids” wisely if you are looking to accumulate more shares but never gamble what you cannot afford to lose in my opinion. Always remembering that it’s still very risky when investing in Biotech companies especially with large outstanding share counts. Just my opinion.
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