C4 Therapeutics Inc (CCCC)

[B RY]

Understanding clinical phases is very important with phase trading imo. Phase 1: introductory info given to fda. Fda will decide whether info is relevent enough to open dialog. Phase 2: Fda decides to open dialog with response and relevent questions. Phase 3: advanced dialog showing strong fda interest showing validity in product/process. Phase 4: indepth analysis before fda approval is given. Conclusion imo: strong institutional interest may or may not mean institutional buyers did their homework well in understanding the product/process in discussion. I'm a strong believer in hoping for the best and planning for the worst. I did well the last 2 days and hope C4 makes me more money. Averaging down may prove prudent as I believe you are correct with your thoughts.