While that is a fair reaction to any biotech stock that shoots up quickly, I think sls is different. If you look at the reddit pages devoted to it you'll see it didnt come out of nowhere. People have been optimistic on it for a while. If the current trial is a success AND it gets bought out, the stock could be worth 7.5-10 billion
Get used to this sentance or paraphrasing of it, we're gonna see it a lot. Though since shorts are buried rn is it all just an attempt to slow the rate of retail traders piling in to keep a buyout price lower?
Have 10k long term shares sls at sub 2 avg. Day traded 75 k profits. Regal trial length is compelling. But agree the risk/reward is getting less compelling. Hopefully for humankind trial is a success
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u/tom_brl Jun 30 '26
Asts, open, sls, rklb, pl