Soligenix Inc (SNGX)

[fung_derf]

The cost basis on most of my shares is $1.93. I'm hoping to dump when it gets there.
Admittedly I don't have a full grasp on approval for small pharma companies (most still seem worthless). I don't understand how this news means a whole lot to the company as, it's not a phase III approval, but apparently someone does. And they've been loading up all morning.
I don't own enough of this to care much. Stupidly, I bought into it based on Jim Cramer back in November 2020.
I am always on here telling people not to throw out money on stupid stock plays. Occasionally I do it myself and almost without fail, I am reminded not to do it again.