chorizo

CPRX didnt cataylze anything

Short
chorizo Updated   
NASDAQ:CPRX   Catalyst Pharmaceuticals, Inc.
weekly data, regression analysis hit upper band, major candle stick wick.. blow that candle out! due to offering 8 million new shares diluting value.
FIB can retrace back to $2.5 if we arent careful, already did a month ago .

On the medical side the product does have staying power, just a matter of selling it, expensive price tag though. 1st in class

As per the stock, buy low sell high, the option calls Dec 2019 have it at $10.

Ride the roller coaster my friends.

cheers , happy trading!
Comment:
Reverse course.. company holds off NOT issuing 8mill new stock.. after a more than not appreciative response.
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