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JNCE - Jounce Therapeutics

Posted on 3/14/23 at 5:52 pm
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 3/14/23 at 5:52 pm
For those that enjoy a little AH gamble...this one could get interesting tomorrow.



Posted by bayoubengals88
LA
Member since Sep 2007
18895 posts
Posted on 3/14/23 at 7:53 pm to
A gamble is going all in before a clinical trial or fda decision. There might be 10 cents of upside left in pre market trading.

The only gamble at this point would be to short it hoping that the board declines the offer.

The only other opportunity I see is a ton of profit taking and a quick dip to get in, but still, the ask should be eaten up at every chance.
This post was edited on 3/14/23 at 8:34 pm
Posted by el Gaucho
He/They
Member since Dec 2010
52925 posts
Posted on 3/14/23 at 8:37 pm to
Wish I saw this sooner


Love you bruh

Slackster just hates you because his house in Mississippi is way shittier than yours
This post was edited on 3/14/23 at 9:12 pm
Posted by MrBobDobalina
BRo.LA
Member since Oct 2011
2991 posts
Posted on 3/14/23 at 8:40 pm to
Wrong AT dog
Posted by bayoubengals88
LA
Member since Sep 2007
18895 posts
Posted on 3/14/23 at 8:52 pm to
I see what you mean now. It’s still roughly 30% below the offered price so ot looks like there will still be a premium left in pre market trading.

Long term, even if the deal falls through, you know they can probably fetch $2 eventually.
Posted by bayoubengals88
LA
Member since Sep 2007
18895 posts
Posted on 3/14/23 at 9:43 pm to
The more I discover about this stock the more I see how 1.80 could be rejected.

This thing was $6 not long ago…

Might pick up 100 shares. I’d love to make $15-20 bucks on a quick trade.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 3/15/23 at 7:27 am to
Is this maybe Tang trying to exit before the 1:5 r/s, merger? Market doesn't seem to be buying this non-binding offer.
Posted by SEC. 593
Chicago
Member since Aug 2012
4041 posts
Posted on 3/15/23 at 10:40 am to
There is only one real possibility in Jounce's pipeline of getting FDA approval.
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