JenRz
Long

BXRX FDA approval lotto play

NASDAQ:BXRX   BAUDAX BIO INC
This idea comes from recent success in a Sprint trade. It was slow in coming, but it did come through very successfully, which is the impetus for this idea of "reading" tickers with binary events.
This is purely a news driven idea in which there is no technical reading of the chart what-so-ever. I have no idea if this will be correct, and am really using this platform for journaling & finding others who use similar methods. I'm getting the tickers from a freely available online calendar with the PDUFA dates.

I use a pendulum and cards I made up to gain information on the "energy" of the situation. Anyone doing anything similar, please contact me to share information. I'm definitely on the fringes here.

BXRX has a deadline for an FDA approval tomorrow (2/20/20).
My indications are that it is APPROVED. I don't read about the details of the application and I don't care, although reading it may help my insomnia ;)
BXRX is currently trading at the LOD $7.88 - 5.97%
Indications are it could go up to $9.14
The ATH is $9.60
We shall see...
Comment: And why I didn't do a new reading after it hit the target, IDK?! Wish I had shorted that's for sure.

Comments

$20+ today
Reply
LouisM hrostom1
@hrostom1, This aged well
Reply
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