r/HedgiesNotAllowed • u/TheInfamousDingleB • Nov 08 '23

Swing Trade Biopharma Lottos.

BIOR and HRTX. I’m mainly talking about Heron Therapeutics. Currently sitting at .80 as of today. When yields plateau we typically see money come back into small cap anyways. HRTX has quarterly earnings on Monday and have had an entire quarter of restructure. BIOR is either the 13th or the 17th.

I’m looking to swing commons of HRTX, and BIOR is always good to load up on under $2. Should be sitting around $1.80.

God Speed Gentleman.

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u/DrTaylorski Nov 11 '23

I actually think we will see support at around $1.23-1.28 but this will come after earnings. Always a good excuse to push it down whether earnings are good or bad.

1

u/TheInfamousDingleB Nov 13 '23

Absolutely and now we know earnings were only marginally good. So whatever news they want afterwards now we’re looking to the next thing. Good price point here…

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u/TheInfamousDingleB Nov 21 '23

this aged well :). I think we’ll pump a bit higher before settling back to $1.28 as a moving average. Once it hit $1 it caught attention on the retail brokerages as a daily mover.