Cassava Sciences Inc (SAVA)

[Amatuer17]

Look at the drug approval cycle - they just got phase 2 open label approval - now P2a-b efficacy and dose optimization large scale trial to prove the results - then phase 3 trial which will have to be very large.
This will take more money and long time.
They will have to raise money few times and go th dilution.

The stock price spike was euphoria, Reddit groups and Robinhood gambling.

I will not be surprised if it settles between $15-20 range (market cap of around $700-800 million) over next 2 weeks and follow a long road. This number itself is big unless there is a buyout offer.