valid concern, risk is always there.
here are my 2cts:
- Insider activity is high: leadership buys in
- stock is held by institutions, i’ve seen very little retail posts across all boards. There’s a newer one on Seeking Alpha which came after my first dd
- biotech usually has wild swings, if check my positions, i hold significant amount of shares. In fact i would recommend shares as i see this as a value play
- finally: this isn’t a pre-fda approval play. While they do have other drugs in the pipeline, we focus on IBTROZI and not the other potential
i typically don’t care much about intra day trading, i often exercise my options unless management comes up with updates that are not aligned with my expectations. so far so good.
let me ask you BukkakeKing because I’m in my 20’s and you sound like you lived through it. are you saying it’s likely SPY takes a 50%+ haircut and we go back to pre-covid levels? i understand there’s a ton of funny money in the system but im not sure it goes to that if/when a recession were to happen
I've always loved all the jokes about Wendy's, but haven't actually been to one since pre-covid days. Used to have one right outside my work and go all the time for lunch. This might be the tequila talking, but feeling kind of nostalgic for a Dave's Double, baked potato, and a side salad. I wont be stopping behind any dumpsters but I'll damn sure look and see who is. 😂
Had some calls from back in august just sitting there. Started to notice momentum build little by little so I loaded up on calls yesterday and today. NIO day is Saturday so that should help the price as well as Deutsche Bank noting they had 100,000 cancellable pre-orders this morning for the new vehicle.. Lets see how far it can go
after this cut and pre pump to cut on spy I just dont see any direction but down for spy and the market, but we will find out tmrw but my guess is big down tmrw