GoodLife99
08-14

$Sarepta Therapeutics(SRPT)$ feels like a sleeping giant right now πŸ˜πŸ’Ž. Chances below $11 for top up is slim [Thinking] β€”unless we get a market β€œ[Love]  attack.” Big whales are scooping thousands at $18+ πŸ’°β€¦ and yet I'm still waiting for the great opportunity to come to grab more for my long hold. When this baby runs, it's gonna RUN! πŸš€πŸš€πŸš€

Modified in.08-24
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Comments

  • Valerie Archibald
    08-14
    Valerie Archibald
    Very interesting movement. I think shorts are gonna get burnt and sarepta will be back above $35 by the next month or two.. its very easy to imagine given this company can profit $2+ of earnings per share in future quarters.

    • GoodLife99:Β 
      [Surprised] let's hope for the best! [ShakeHands]
  • Merle Ted
    08-14
    Merle Ted
    Kind reminder: 96% of shares are held by institutions, and 25% of the float is shorted β€” this could be a killing.

    • GoodLife99:Β 
      I believe institutions have already hedged sufficiently, which could further pave the way for a rebound.
    • GoodLife99:Β 
      At an 8-year record low, I’m willing to stay patient and wait for a strong rebound. History shows that deep multi-year lows often set the stage for powerful recoveries. I’ll hold through the volatility, accumulate strategically near the bottom, and position for the upside when sentiment shifts.
    • GoodLife99:Β 
      Understood, one day >30% doesn't prove anything. But it’s a positive early hint. If the next few days keep short ratio suppressed and price stays strong above recent lows (~$18 zone), it could mean the aggressive short phase is over β€” opening the door for a rebound
  • Porter Harry
    08-14
    Porter Harry
    SRPT loading phase β€” when it wakes, expect a real biotech sprint πŸš€
    • GoodLife99:Β 
      quite true, but I'm looking for it to drop below my cost price [LOL], short ratio 1st time drop below 30%, so my top up opportunity is very slim [Facepalm]
  • koolgal
    08-15
    koolgal
    Congratulations on your winning trade πŸ’πŸ’πŸ’
    • GoodLife99:Β 
      [Love you] thanks koolgal, your always so kind hearted
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