Hey /u/pugs_are_death - I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SGMO VRM TCDA USX MRIN YMAB NVTA VLDR NSTG FLDM. We don't allow discussion of low market cap (less than 500mm) tickers to prevent pump & dump spam and scammers.
Well, you are crazy because 4 of the last 6 tickers you constantly spam about fell hard, including one even being delisted(TCDA). That's a 33% success rate. I know TRKA is making you feel like you're a trading god but even a broken clock is right twice a day.
I regularly trade options on biotech stocks. Just because IV is high relative to other stocks does not mean the IV is excessively high for *that* stock. Based on my cursory review, the IV on SRNE ranges from 150% to 200% based on the strike. You say you "don't think it's a bankruptcy risk yet." What are you basing that statement on? Check out their balance sheet from September of 2022: assets of 615 million, liabilities of 485 million, for a total equity of 130 million. But, of those assets, 251 million are goodwill. Quite simply, this company is upside down AND a biotech company. I know nothing about SRNE's pipeline, but frequently with biotech companies one or two products can make or break the company. A trial can result in bankruptcy or delisting. By way of example, I warned repeatedly about TCDA when it was at $11/share and people were going on about the "juicy IV." Their drug trial failed and now, approximately 4 months later, the stock has been delisted is trading as TCDAQ at $.03/share--a loss of 99.72% of the equity value.
I am a bot. You submitted a picture of a banned ticker, TCDA. The market cap of TCDA is **8,617,200** This check will fire if you included unnecessary pictures that have bad keywords/phrases. Repost with the useless pictures omitted if you did that.
I like that one but I think HUSA, TCDA or MINM have potential as well... Made a killing on CEI yesterday (still holding 1000 shares just in case it continues; & furthermore before anyone comments on it, yes I am aware of the split of 1-50)
Praying for something to happen, I need a miracle after what happened with the MMTLP situation. For TCDA, I've seen plenty of people mention how its over and to not buy it at all but I've been in for a while so fuck it, might as well just hold and hope for the best.
And if you’re wondering why I’m so heated, it’s bc of people like this who get screwed because they listened to people hype these pump and dumps that can run and run but yet they still lose money cuz they’re not told when the bottom is gonna fall out. So I did what I could to encourage this person to walk away, but because they don’t have a lot of money, they decided to stay in rather than cutting their losses, which I can understand. Reading it should make you feel bad. I know I felt bad reading it cuz I knew this thing was going to tank at some point but there was nothing else I could say. I know the guys who were pumping this stock and that they’re serial con artists. Fact is, hard working people blindly trust posts like yours and end up losing money they maybe couldn’t afford to lose. Yes partially on them, I get it but why be part of that? In any case, I’m sure you really don’t care but I do and so that’s why I call this shit out for what it is. Oh and what was your other pump? TCDA right? At least that one is only down 50% in the last 2 weeks. But yeah, you’re totally legit right? 🙄 https://www.reddit.com/r/Shortsqueeze/comments/zk79wh/found_the_next_cosm_and_yes_its_cosm/j09psuy/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3