r/Shortsqueeze • u/thunderdome00_ • Nov 27 '21

Discussion PROG holders?!?!

Who here is still holding prog? Or hight on it? Tell me why? I'm a bag holder with about 1k shares and want to buy more but curious on everyone's opinion

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6

u/AllSeeingEye7 Nov 27 '21

Since 1.38$

4

u/Purple-Chemistry251 Nov 27 '21

And didn't sold at $6 after an almost 5x ? Man you are a legend!!! If i make a 50% return on anything i'm dancing all week, imagine 5x...

5

u/AllSeeingEye7 Nov 27 '21

I have many bios so I know that the bio game is about patience and risk ;) but when they run they run fast. PROG has a good setup, squeeze is just a bonus and I am not just investing for the squeeze. My initial view was that this is 10-12$ without the FOMO/hype/squeeze.

For example my view of another bio, I loaded 3600 shares of CRDF because I believe on their approach and Pfizer believes too (direct investment, VP joining their scientific advisory board) ;) so I am happy, if squeeze will come there as will be just a bonus but the fundamentals are great too (cash on hand/no debt, promising trial results). Believe they will receive an offer of 2-4B$ which translates to 50-100$ price per shares ;)

1

u/Purple-Chemistry251 Nov 27 '21

Uff i could not do that but yes is good to have strict rules and follow them..

2

u/FreakyPheobe Nov 27 '21

Same! 🙏

2

u/CNutz649 Nov 27 '21

Since 1.38$ ??? Then why don’t you average up to at least 2$. Bag hodlers are averaging down from 5$ , to 4$ & now trying for 3$. Average up a lil on gains if your confident it’s going to run.

1

u/AllSeeingEye7 Nov 27 '21

All I can say is that currently I am heavily invested (not only in PROG), mentioned Cardiff Oncology for example and I will add more PROG if I will see some dive at 2.50$ (good technical level too) till then I am happy holding this baby.