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re: Investing in Biotech

Posted on 4/28/22 at 9:23 am to
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 4/28/22 at 9:23 am to
Buying LABU right here @ $8.25

Risk on is about to come back with a vengeance because they aren’t going to crash the market going INTO the FOMC meeting next week. There should be some short covering if anything heading into FOMC.

Looks like a bounce to SPY 445-455 area and THEN comes the real crash middle of May or starting in June.
This post was edited on 4/28/22 at 11:31 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35801 posts
Posted on 4/28/22 at 9:43 am to
quote:

Woohoo - up 68%

Of course I only have one share but still..


This latest turn of events is not great. fricking manufacturing issues STILL persist, and they're going to miss their date on AXS-07 as well (or perhaps just issue a CRL).

I stopped out of a big chunk of my holding at the beginning of the week, but of course, the news about the Friday letter came out over the weekend so I couldn't get out of those until $3 less than my stop.
Posted by Playmaker7
Louisiana
Member since May 2020
40 posts
Posted on 4/28/22 at 10:10 am to
just bought a lil care to elaborate on what your talking about im a idiot
Posted by Playmaker7
Louisiana
Member since May 2020
40 posts
Posted on 4/28/22 at 12:42 pm to
thank you HUSS i bought 500 shares this morning at 8.14
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 4/28/22 at 12:51 pm to


Black hammer reversal on it today
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