This is a very powerful signal that shows the stock is coiling up potential energy and will blow...in this case to the topside. We are going to purchase another call. Not a double down, but just another call.
Right now this company is suffering from a phase 3 trial that showed no significant change and a downgrade after the stock price fell. Then a class action lawsuit by whining investors because the price fell. I think its going to jump a bit. But I am not sure enough to double down. Just a normal priced call that I would usually invest with.
We wait and see
Tradinginsider
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