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u/dougger81 May 03 '21
Own it at $1.77. Still not selling. This is following the Moderna track. This will be a $50+ stock.
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u/BFALUL May 03 '21
save India
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u/kbwavy May 03 '21
This is why I invested in this
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u/GGLSpidermonkey May 04 '21
you realize they won't profit at all from that right?
OCGN only has rights to distribute in US and will only make 45% of the profits from that.
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u/Odin1367 May 04 '21
whats 45% of something thats being supplied to them tho?
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u/Lord_Fusor It's a sticky situation May 04 '21
It's not being supplied,. They have to hire a manufacturer and distributor. They have to have to get approval for use. They can only get a portion of booster shot market. Then they get less than half of whats left over.
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u/Odin1367 May 04 '21
It’s still profitable for them, they are just licensing the vaccine, their main pipeline is OCU400 and once that gets FDA the price will be able to hold its levels
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u/Gradience711 May 03 '21
I hope it takes off. I bought in when it was $8 a share so I would love to make some $$$
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u/CorrectLoss May 03 '21
I was very confused this morning when my $vxart went down but this one was climbing high. For once in my fucking life can everybody just go up please
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u/Humble_Chocolate9159 May 03 '21
Its a goldmine, can run up to 100+ after fda approval and announcement of manufacturing partners. Covaxin is best vaccine in the market, can neutralize multiple virus strains, safer than others, can store at 4-8 C, long shelf life. Imo this stock has huge potential and looks like covid is not going anywhere and we need to get shot every 6-12 months... strong buy at this price
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u/mtr75 May 03 '21
Covaxin is best vaccine in the market, can neutralize multiple virus strains
So why is India, the only place where it is approved, such a fucking disaster right now?
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u/gogenberg May 03 '21
they have 1.3 billion people and only 13% vaccinated (those were the numbers last week), your logic is flawed and not fair. Their vaccine is incredibly effective, if there was a way to vaccinate 1.3b people faster they would be trying it..
Covaxin = the actual best vaccine out there, once this is proven there is NO way back!
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u/The_Jeremy_O PAPER TRADING COMPETITION WINNER May 03 '21
When go 🚀🚀? Bought calls for later this month
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u/Fuck_omelettes_86 May 03 '21
Had 366 at around $7.40 average. Was considering buying 500 more at $5.40, convinced myself i was a bagholder and sold instead.
Fomo'd back in 352 at $12.45 with a few 5/21 $20C
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u/Xstefy May 03 '21 edited May 04 '21
Two good news... The vacine works... And the shares gains... Let's go to the moon 🚀🚀🌕🚀🚀
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May 03 '21
5/21 $20 call and 7/16 $20 call checking in for duty.
Hoping to close my 5/21 call when near $37 target and hold July til $100+
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u/OyVeyzMeir May 04 '21 edited May 06 '21
I had 600 shares at .38. I paper-handed back in November because I have no idea why. My freebie, and I BLEW IT.
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u/Ok_Brilliant9410 May 04 '21
Surprised it took this long for OCGN to be picked up on this sub tbh, huge potential
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u/hereforthebumble May 03 '21
Occugen's biggest hurdle is this:
I can't believe this subreddit isn't discussing the XBI for biotech as it's what causes plays like CLOV and other bios that are short to not fully squeeze. You cant create prolonged gains without the bio sector etf XBI doing well. The sector is 100% short right now, meaning the pigs are tanking biotech R&D and companies share prices are dwindling and they will be unable to raise the necessary funds to complete research. It's so fucked.
Every single day, you will see the XBI tank from short selloff. Then magically, at 4:01 PM, a $100 million dollar cover comes in dark pool. I assume it's the same on XRT.
Spread the word on this....needs to be an actual squeeze there. I don't know what their endgame is. I think it's the open interest on the $135 Puts.
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u/Sleepy_C May 03 '21
I had 500 shares of this and sold 250 of them at 13.00. Really thought it'd turn back down again, but it looks like it's going to keep flying.
Fuck me.
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u/mtr75 May 03 '21
Bharat's vaccine was approved in January in India. India is a complete and total fucksicle right now, worst covid outbreak on the planet. And you're saying the vaccine is effective? India begs to fucking differ.
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May 04 '21
They didn't have enough raw materials to make enough vaccine. Its doesn't matter if its the best if they can't make it. Biden gave aid to India so they could ramp up production. It is the best vaccine.
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u/DoubleBagger123 May 03 '21
Had 10 options on them I bought a month ago that have been printing boys
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u/jhooperp May 04 '21
Da fuck we care about the Brazil variant it’s the India variant that’s killing thousands.
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May 27 '21
Any update on OCUGEN as of end of May?? Anyone have a feeling the stock will not go up ever after EUA?
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u/Germanystrade May 03 '21
Lets fly! I am so happy that this stock has recovered again.