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I've benefited and been burned by this phenomenon, but the unpredictability of it stresses me out.
Three possible scenarios.
— buy on rumour sell on news. Sell now and take the profits. Make 20-30%
— could get shorted hard before the news conference. Run up to just before the conference on the 29th and sell. Maybe make 40% or more on your money. Or lose some or break even. Little higher risk for higher reward.
— news has been leaked a little and the 9 month results are as good as many are saying. Plus the SAVAdx blood test works awesome, and it shows people that have a predisposition to Alzheimer’s and it tells these people to take the SAVA preventative medicine early to avoid it. Hang on through the conference and presentation and the stock could run to 200+. Super high risk. But possible super high gains. Or lose half your money if the news is blah. The way I look at is his scenario is why would the CEO go to speak at the largest medical conference for Alzheimer’s in the world if the news wasn’t good. And he has already hinted that the 9 month results are super pleasing to see.
So, I am doing the last one. Holding to after and likely sell soon after. You will have to do what’s right for you. Great profits in the pocket if you sell now. But this is gambling. Period.
Once again I find myself saying damn I should have bought more. But also have a feeling I maybe should have sold what I have mid-day yesterday when I couldn't make up my mind. My biggest problem still - when to sell. Will be very wild if their cocktail really comes through though, for real.
Ahhhh. Looked it up. Interesting for sure.
Pit Row
IMO its crazy overvalued but clearly has meme potential.
They have made some recent progress however, releasing a few of their BEV trucks for sale. FCEL trucks will be coming next year. And the massive manufacturing plant in Arizona is nearing completion…
Company is making great progress with their EV buses and getting big contract after big contract with various cities.
I don't have a ton of money in it, but it is irritating me nonetheless.
Down over 50% over the past year and 66% from 52 week highs despite good acquisitions and continued business during that time.
They just reported a revenue increase of +228% YOY with a huge improvement on EPS and are down over 10% in the last 2 days.
Post a reply to: Market testing the lows from Oct