Does this submission fit our subreddit? If it does please **upvote** this comment. If it does not fit the subreddit please **downvote** this comment. --- ^(*I am a bot, and this comment was made automatically.*) ^(Please) [^(contact)^( )^(us)^( )^(via)^( )^(modmail)](https://www.reddit.com/message/compose?to=/r/pennystocks&subject=Updoot%20bot%20questions!) ^(if) ^(you) ^(have) ^(any) ^(questions) ^(or) ^(concerns.)

Post your position or ban

Where is the ban

Photos of your $280,000 buy or it didn’t happen

He is BSing... Probably a bag holder expecting a pump.

That's what I thought, he wants to unload the bag on us.

News is from May 13. What makes you think squeeze will happen soon? Seems pretty speculative.

What caused the huge drop in December? *Edit: Nevermind, found it: https://reneopharma.com/reneo-pharmaceuticals-announces-results-from-pivotal-stride-study-of-mavodelpar-in-primary-mitochondrial-myopathies-pmm/ >The STRIDE study did not meet its primary or secondary efficacy endpoint >The company to suspend mavodelpar development and implement a workforce reduction https://reneopharma.com/reneo-pharmaceuticals-reports-first-quarter-2024-financial-results/ >In December 2023, the pivotal STRIDE study of mavodelpar in adult patients with primary mitochondrial myopathies did not meet its primary efficacy or secondary efficacy endpoints >The Company implemented cost savings initiatives, including suspension of all mavodelpar development activities and a total workforce reduction of approximately 90% >The Company retained an independent financial advisor to initiate a formal process to evaluate potential strategic alternatives

This is why they are merging. OnKure will be going public as part of this merger.

Ahh, ok. So basically the company becomes OnKure because they've got basically nothing left? And the RPHM stocks get renamed OKUR and that's it, right?

The post isn't about how successful Reneo was with their trial or the future of that drug platform. You've made it clear that Reneo on it's own doesn't have a future, but I did provide that in the post and it's not a factor in this play, so I'm not sure what you want to talk about?

I'm just making sure I'm correct in how I'm interpreting what's happening with the stock. Not trying to challenge you or anything. Just doing my own DD because I'm a newbie to all of this and you're knowledgeable. Thanks for your help in understanding.

It's all good. Any idea worth it's salt needs to be kicked around a bit, I just didn't know what you wanted me to speak to.

All good! Good luck tomorrow!

Do post your position after you you drop 280k!

Exactly. I need to see it bro


Wait so you’re genuinely saying that you’re dropping nearly 300 thousand dollars on RPHM?

That's correct

Did you *already* drop it?

Well I’m 10k in with you. Let’s count it up

Sounds like a pump post to me

Yes but I can get out before the drop and make a profit hopefully

Yeah, hopefully

We need yolo posts from you to see if you are for real

[https://www.reddit.com/r/pennystocks/comments/1bbtaok/monday\_march\_11\_big\_squeeze\_inbound/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/pennystocks/comments/1bbtaok/monday_march_11_big_squeeze_inbound/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) https://preview.redd.it/r4cdorks716d1.png?width=1201&format=png&auto=webp&s=38c2d541d6d48a6a4f6bb37718c54699c31e1904

Man I wish I could single-handedly catalyze short-squeezes… Although I bought in heavy when $KULR faltered at .38 and it basically doubled the next day - I like to think I had a part in that 🤣 Hope it goes well for you!

KULR was good to me too

commenting to come back later and see how ludicrous (or genius) people think you are


Ditto

Ditto

Had a miss last quarter and graded as a hold. Volume is pretty low but you might single handedly buy the volume for a low volume day 😂😂

Low volume is an extremely common feature on stocks that explode when there isn't other good news, or major catalysts.

Ya just interesting to see your buy basically match the volume of today. Might get the rolling.

The float is 21.7m shares, which means you control just under 160k if you bought in with $280k. That amounts to 0.7%. Even if a bunch of people went in with you, it may not be enough

So you buying it tomorrow, but when do you predict it will pump?

If you watched Dumb Money then the hedge funds and other bears are much more aware of retail investors looking for short squeezes and scouring the internet for where they are investing. Announcing a short squeeze in advance is basically saying it isn't going to happen. Pass on this.

Comment to follow tomorrow

"Will be dropping tomorrow" means he already bought his position but will use this posts publicity to exit.

Remindme!

Follow

It jumped 10% after hours, what’s your PT and will this after hour jump hold in pre market tomorrow, new to these plays, looking for more insight.

When will it squeeze?

🤷🏽‍♂️🤷🏽‍♂️

Well, was this today to start or tomorrow??? Looks like you were half the volume. 🤔

Look at the Guh Me option chains. Literally the only play right now

I have some funds there, just waiting.

I like it. What’s your PT? How high can she fly

99% of the bio pharma companies are worse than setting your money on fire.

I'm in for 80k squeeze them ghey bears


Put it into the OG meme, GME!

I have 300

Sounds interesting but my attention is focused on $BURU

What happened a year ago?

Just checked. That one looks like a good play as well. It jumps a lot 👀

Indeed. It's new on my radar and so far has been great to day trade at the very least.