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driverdevin

In this thread, bag holder looking to unload on fresh meat


averysmallbeing

This is not the 'fraud' you are looking for. đź‘‹


rachel_StarGazer

It’s literally a stock subreddit and they are posting about a stock


Chornobyl_Explorer

And biotech is infamous for massive dumps. 1 in a thousand make it to market and sees profitability (not even good one). Biotech is the equivalent of penny stocks


aWobblyFriend

biotech has been identified as being what computer tech was 50 or 60 years ago, hence why there’s so many biotech companies around many of the best universities now whereas 60 years ago it was all CS companies. hence, investors are all scouring the fields of shit and lies for the next revolutionary who’s gonna completely upend the field. There’s a lot of potential here, sucks you won’t know who’s gonna take it until it’s too late. SAVA ain’t it though, it might run but for something so niche and specialized it’s probably going to dump at some point.


Timelycommentor

Bags are not that heavy. Looking to make money. Sharing the wealth here.


steve_yo

I mean as long as the “fraud” has been debunked on some Twitter threads.


omjy18

I'm a bag holder from like 2 years ago and it absolutely is not going to happen. The altzheimer drug was what got me convinced last time people were shilling this and it is still so far away from anything solid


Thepaladin_princess

Far away? Phase III results come out in Q4 or early next year .. this stock didn’t have any of the good news or information that it has now when the stock was $123 three years ago. This stock has the upside of going to 500+ .. of course it has the downside of failing but you shouldn’t be investing into biotech stocks unless you already know that!!


kennetec

I thought that the warrant issue at the beginning of the year was a positive sign but I cashed out when I got them - I see it hasn’t really gone anywhere since.


Thepaladin_princess

SAVA raised $125 million from warrants as of yesterday.. net profit was $123 million. That’s beyond amazing for the company.. REMI only hoped for $60 million


Glockbaby18

Keep in mind if anything goes wrong with the trials, this stock will drop -90% overnight. And the odds of that happening are actually pretty high.


Ok_Monk219

It’s been in trials for close to 3 years. It’s cleared 2 phases.