$ATOS
Comments
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Good stuff. My cost basis is 3.43 so Im chilling.HoustonHusky said:Not familiar in ATOS...I do like to dabble in biotechs though. ATOS at $20 would put its market cap at a couple billion...pretty steep for a biotech with Phase 2 results and a pretty limited pipeline:
https://atossatherapeutics.com/product-pipeline/ .
In my limited experience in bios they seem to work in levels...bioturds with <$100M market cap, promising early stage stuff with a market cap of $100MM<$500MM, and then breakthroughs that ramp up to a billion or so have a product that is a bolt-on for the big guys and a likely buyout candidate.
Give you a comparison of one I watch/own...PDSB. It has already run up a bunch but even with that run its only at a $250MM market cap (about half of ATOS), with pretty diverse pipeline and positive interim Phase 2 results:
https://pdsbiotech.com/pipeline/oncology. Those results pushed it from bioturd to promising...will wait and see if they get further along to the breakthrough status. </p>
The Russell inclusion is the big catalyst on top of the stage 2 results. Funds are going to buy shares and it will drive the price up.
Also, middle of July $9 call contracts sold out today to someone who is either an extremely rich degenerate gambler...or someone who knows something
Ill do more digging on pdsb -
I bought 100 shares to have something new to follow for a month.
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This. Biotech stuff is so crazy volatile. I’ve been trading various biotech securities, hit on a couple, burned twice.PostGameOrangeSlices said:
Are you a day trader? No, of course you're notBaseman said:
Did you put all your best customers in it?PostGameOrangeSlices said:
It will be double digits by month end and great for your portfolioBaseman said:
Great news. Just not for my portfolio.PostGameOrangeSlices said:I'll add - the webinar and press release showcased the trial results were good. For treating cancer. If you dont think that is bullish I can't help you.
Ill be sure to bump this thread to gloat.
Moving my picks to Pack the Fudge. I don't like to lose $
If a biotech stock dropping on good news is scary to your wallet then stick with Apple and MSFT -
Just bought 5c for october. Lets ride.
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Fucking killing it!
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I Thank Jesus for getting out yesterday and I promise, Lord, I'll never chase @PostGameOrangeSlices fool's gold ever again. -
What part of my post being a month long play did you not understand?
Boomers and stocks man...holy fuck -
I don't think ATOS has a month TBH. Time to bring in Hospice. 🥲PostGameOrangeSlices said:What part of my post being a month long play did you not understand?
Boomers and stocks man...holy fuck -
LIPOBaseman said:
I don't think ATOS has a month TBH. Time to bring in Hospice. 🥲PostGameOrangeSlices said:What part of my post being a month long play did you not understand?
Boomers and stocks man...holy fuck
The most profitable stocks are the most volatile. -
Bought 100 shares just to participate in PGOS' HH meme stock of the month
