Last weeks short position achieved massive gains when this ticker made a parabolic downside move from 23 to 14, accompanied with two trading halts
Now the chart is showing a textbook parabolic arc pattern. From base 3 to the top of 5 was a 100% gain
Once this breaks structure I feel we will have massive downsized gains
This stock is trading at 30 year highs, Sentiment in public chats seems to be borderline delusional.
Their drug is approved for smallpox with animal testing, smallpox has been eradicated for 40 years.
This is not approved by the fda for monkeypox
The market cap is currently 1.6 billion and their revenues from earnings last week was 15 million
Looks like the perfect storm to me.
Now the chart is showing a textbook parabolic arc pattern. From base 3 to the top of 5 was a 100% gain
Once this breaks structure I feel we will have massive downsized gains
This stock is trading at 30 year highs, Sentiment in public chats seems to be borderline delusional.
Their drug is approved for smallpox with animal testing, smallpox has been eradicated for 40 years.
This is not approved by the fda for monkeypox
The market cap is currently 1.6 billion and their revenues from earnings last week was 15 million
Looks like the perfect storm to me.