Wednesday, November 11, 2020 5:10:13 AM
another board alerted me to the 'news' of yesterday on this one. But this is only a PH 2, and while I have never shorted a stock, IF this thing jumps this morn in the premarket, I will be looking to buy PUTS on it.. (but the current option range isn't conducive to a good PUT trade unless they add some strike prices.. damn...)
and those with gains, as this was only a PH 2, you may seriously want to consider locking those gains in. Cause unless they can get fast tracked off this Ph 2 to approval, the share price is NOT likely to hold...
not with at least a 2 year PH 3 to run..
looking at a chart this morn in the pre market, up at $21 at the moment, but on very light volume... not a good time or price to be buying at. Mercy, seen this horror show too many times before..
disclaimer: just heard about this one this morn, a few minutes ago, enough time to read thru yesterdays news, see that its a PH 2 and having been around bio developments for around 20 years, will be looking to PUT this one. But added it to my 'watch list', going to investigate it closer, watch its PH3 development... see what its future holds.. Good luck.
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