dasherHampton
Platinum Member
- Jan 19, 2018
- 2,543
- 488
- 96
In my view SAVA remains one of those ultimate long shot stocks.
The downside is not as dire as some might think. From everything I've read they have plenty on money to fund their upcoming trials, so no danger of bankruptcy. In addition - they just offered shares so they probably won't be going back to the well for a while.
My puts are up about $5500 but that's pretty small fry compared to what I'd like to make. If SAVA drifts back up to $50, $60 (or higher, God willing) they'll continue to gain but I won't take profit unless they hit around +$20,000.
But I just don't see that happening until late in the game. It'll probably be touch and go at least until December, with several more tree-shaking events on the horizon.
At one point they were down $5000. It took some nerve to not at least reduce.
The downside is not as dire as some might think. From everything I've read they have plenty on money to fund their upcoming trials, so no danger of bankruptcy. In addition - they just offered shares so they probably won't be going back to the well for a while.
My puts are up about $5500 but that's pretty small fry compared to what I'd like to make. If SAVA drifts back up to $50, $60 (or higher, God willing) they'll continue to gain but I won't take profit unless they hit around +$20,000.
But I just don't see that happening until late in the game. It'll probably be touch and go at least until December, with several more tree-shaking events on the horizon.
At one point they were down $5000. It took some nerve to not at least reduce.
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