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Re: Pharmboy46 post# 2698

Thursday, 11/03/2022 9:17:56 AM

Thursday, November 03, 2022 9:17:56 AM

Post# of 2794
Hey, capping my gains is not a bad problem to have (course, I am saying it to mitigate the 'gains' I am likely to not get (smile))..

But its another 9 months to go.. On that note, this market action is also somewhat confirming what I was wondering if we would see.

That in a market desperate for any reason for shares to run higher, that if that reason occurred, would it happen. So for this one (course, the tight share count really helps), yes it happened.

Now the question is, how far will it fall when the euphoria caps, and how fast does it happen. My son was slow to sell covered calls, and that worked out for him cause he sold the Dec 15s with the share price in the $13.5 range. Was half tempted to tell him to sell his shares instead and reload IF they dropped, cause I suspect that once the selling starts, again, given the low share count? Could get interesting.

But yep, goofed up on this one (so far).. but again, if I lose them, at least it will be with gains..

Now to see what the 'analysts' and company says with respect to expected revenue generation. Cause this product is looking like a 'one dose' and done sale. So they better be able to get a decent price or that estimated $600 Mil market cap might be tough to achieve on just this one product.

Good luck
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