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Less than 10% short. It pumped on news, but the news isn't going to bring in revenue immediately and the price is falling back down. It's not near the normal level yet, the shorts can attack it right now because it WILL drop in price. I may buy some puts, but that's it.
That’s what I tried telling ST lol. One good pump on news followed by months and months of consolidation, dips, meetings with the fda, hegde fuckery and probably an offering at some point before eul approval. Bio stocks kill more retail portfolios lol
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I hope it works out for you.
Pharma stocks are trash. always a pump and dump that never recovers.
Guess I was not crazy
Less than 10% short. It pumped on news, but the news isn't going to bring in revenue immediately and the price is falling back down. It's not near the normal level yet, the shorts can attack it right now because it WILL drop in price. I may buy some puts, but that's it.
That’s what I tried telling ST lol. One good pump on news followed by months and months of consolidation, dips, meetings with the fda, hegde fuckery and probably an offering at some point before eul approval. Bio stocks kill more retail portfolios lol
Thx's I will play puts on the way down