AERI
So a friend of mine just put me on to AERI. It's a company that makes treatments for glaucoma and other eye diseases. Allegedly this one is supposed to double from its current lows to about $24 over the next few months. This is likely because they have a couple of promising drugs undergoing trials. Use this quarterly report as the start of your DD:
investors.aeriepharma.com/node...
investors.aeriepharma.com/node...
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Biotech Swings 👨⚕️💉
Created By: | Maverick |
Created: | Jun 25, 2020 |
Total Followers: | 5 |
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The strategy here is simple: take 3 to 60 day positions in biotechs that have upcoming catalysts (data readouts, approvals, etc).
Offerings are the major danger, so always be mindful of cash position of the company you're trading.
Offerings are the major danger, so always be mindful of cash position of the company you're trading.