PDSB overbought on ER. Generally not a fan of biotech and pharma stocks. This spike is overdone the ANALysts claim this is a $14 stock (where were they when it was $2?) blah blah blah. We should correct under $7 in coming weeks
Bizarre action yesterday, but this is one where I think shorts could be trapped if it gets back over $11.5. Really interesting chart and hoping we can get some form of a breakout over that area for a potential squeeze, even though this daily chart isn’t the greatest looking thing.
Positive news today for PDSB "PDS Biotechnology Announces Publication Supporting Novel Mechanisms of Action of its Proprietary Versamune® Platform in Cancer Immunotherapy". Shs Float 1.42M, Market Cap 14.24M. Watching for continuation.