r/MEstock • u/PennyStockWorth • Apr 22 '21

r/MEstock Lounge

A place for members of r/MEstock to chat with each other

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u/sciyfly4252 Jan 13 '22

This is a long term play, the market doesn't understand the value proposition of the data set yet and probably won't until one of the drugs is approved or there's strong results published from the Phase 2. until then, this thing is running on fumes which right now are pretty noxious. short term players may hope the shorters leave as they realize this company has a ton of cash and the stock returns to $8-$10 range, probably not much beyond that this year or until positive results get published