"CYP ? seems to be running up to Fuji announcement, my heart says hold 100% through, head says lighten 50% into expectation, going with head. "
all time highs on no news.
You can tell from the trading lately it's being accumulated, buy an existing or new fund imo.
Bots keep trying to suck the wind out of it, with even single share trades. lol.
You're gambling on option or TO?
as this is not really a typical binary biotech event, so i'd expect even the option conversion given value will have it pop.
A $64m deal with double digit royalties and a full free carry from Phase 2... not bad for a $160m cap.
Given up trading it - gone long, but that's just my call.
Too many things to like about the business model....but they never go in straight lines.
I feel fuji will move in FEB, 11 trading days to go....hence the squeeze
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"CYP ? seems to be running up to Fuji announcement, my heart...
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