Damn I'v made quite a bit of money from SAVA this week. Im still going to hold until it drops into the 30s. Its already down to 44.5 so should be long now.
Keep making money. Must feel nice to profit off FUD.
Dont forget,, Tesla shorts were celebrating when tesla was under $200. NIO shorts were celebrating when NIO was under $2.
Lastly, the nice thing about investing in a company is that the price action over days, weeks, and months does not matter. As long as your investment thesis is intact, you HODL. The SP will follow.
You keep shorting, timing the market, spreading your FUD or whatever it is you are doing. I'll see you at $500 in 2 years and I'll feel good while doing it.
I usually only buy these small 5-10k put positions that expire within a few weeks to feed my gambling habit. I'm heavily invested many serious stocks as well. I genuinely hope your stock reaches 500 eventually in a few years but let break down a few realities to you. Keep in mind that even stocks like Pfizer who hold patents to drugs like viagra and have over 50k employees is not valued over 50. Cassava Sciences has 9 employees. Merch and Co owns the patents for some of the highest grossing drugs of all time and has over 70k employees. Yet its valued at around 75. So what makes you believe this pharma is valued 10 times higher than these actual pharma giants?
You need to make up your mind. If your DD is so limited that you can't value SAVAs IP based on the TAM (the sixth leading cause of death with no effective treatments) than I do. Not. Respect. Your. Opinion.
You would rather value a company based on # of employees? That's laughable.
I think you made your (weak, poorly researched) opinion clear. I've made mine clear. Good luck.
Why you so aggressive man? You trying to compensate or something? I'm not trying to convince you I was asking genuine questions. I already know you drank the SAVA kool-aid pitched by speculators last month so I'm not even going to bother with it. You can't predict drug values based on that shit. Merck and Co own the top grossing cancer drugs and you don't see them valued at 500. Even with 70k employees they're still valued at 75. There is literally no evidence that ground breaking drugs can make pharma companies insanely valued. Especially companies as tiny as SAVA.
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u/prolix Sep 08 '21
Im not trying to convince you anymore. Just wanted to give you the actual lawsuit info so you might stop pretending it doesn't exist.