Well I only ended up being about half of a normal position on Friday at $7.60 as this ran so hard but it looks great. I did trim some today at $8.60Added this spec bio in PM. I am 20% of a full position as this could get really fall if data is bad down the line. Will add shares on dips.
TEL AVIV, Israel and RALEIGH, N.C., Aug. 26, 2021 /CNW/ -- RedHill Biopharma Ltd. (Nasdaq: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company, today announced preliminary results of awww.johnsoncitypress.com
Sold 90% at $11 and added back half at $9.70. It needs to consolidate now but thus has a chance to reach $20 in next 6-9 months.
You can make a ton of money on these though, when they drop like that they often will bounce. This dropped to 3.37 and is now at 5.65, a 68% increase if you bought the dip and sell the bounce.