Sort of a repost of an earlier idea. It's just some thinking out loud. We will see how it plays out. It went up on the last (small) and sort of manipulated or "engineered" lockup expiraton. But they put off the big lockup until 2/17ish far as I can tell. I'm not sure many know that. At any rate it will be interesting and I'll be looking for the short/puts in...
It's taken a while but the bios will come under pressure....posted it a month ago on terrible fundamentals...I'de really like to catch the gap fill from late Oct. Check 11-25 post when it was 121.32. .notice the negative, indicators/oscillators..
Toppy? A biotech company with 6.7 mil in sales and income of -92 mil. YTD +336% with recent insider sales and underwriter exercising options....could be just me but there is potential to the downside, gaps to fill etc. It trades thin. Options are available. Something to watch.