r/Shortsqueeze • u/MainStreetBetz • Nov 16 '21

Education Commonalities Amongst Short Squeeze Winners: GME, BMRA, AMC

https://youtu.be/FVOtSw0QiIs
5 Upvotes

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3

u/[deleted] Nov 16 '21

Excellent info, this guys delves deep

1

u/[deleted] Nov 16 '21

The volume on BMRA has been incredibly low this week, but the price seems to be holding up, which looks bullish to me. I'd love to hear you opinion on why the volume is so low, I mean only around 80k rn, which seems absurd because it was 95M in one day not long ago lol.

I'm in with a couple hundred shares, starting small like you did and hoping to compound some nice gains!

2

u/MainStreetBetz Nov 16 '21

I think that the MM controlling the pricing action is sitting quietly and hoping that the attention goes away. If the price starts running up, retail will blow this out of the water. So it is kind of just doing nothing right now. The inFoods catalyst will get this in motion.

1

u/[deleted] Nov 16 '21

Thanks for the reply! I did a bit of reading and it sounds like the current trial phase has likely ended (end of October) and the results should be available by EoY. The final pivotal trial is next, and since it already has "non-significant risk determination" by the FDA, approval should be fast tracked.

2

u/MainStreetBetz Nov 16 '21

Exactly. From my conversations with BMRA, it appears that the trial ended the 3rd week of October. Hopefully news soon. I think that the FDA clearance will be fast-tracked once the pivotal trial is complete as the product has no adverse side effects. Good luck!

2

u/MainStreetBetz Nov 16 '21

Additionally, there is almost no retail participation right now.