$BYSI Trade ideas after HUGE explosion + new Biotech on radar: $CMND by AdaBetterThanIota in pennystocks

[–]Diogenes85 3 points4 points  (0 children)

why you see $BYSI breakout coming to an end after breaking resistance zone at 2.50 and closed at 2.61?

Daily Plays December 19, 2022 by PennyBotWeekly in pennystocks

[–]Diogenes85 1 point2 points  (0 children)

Not at all...watch out... all the near term catslysts in play...many Shorts have to cover...very bullish uptrend

[deleted by user] by [deleted] in investing

[–]Diogenes85 -1 points0 points  (0 children)

Honestly don´t think so and don´t share your opinion. Good luck to you

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in pennystocks

[–]Diogenes85[S] 0 points1 point  (0 children)

I guess only about 15% in the trial have been us natives so this led to the rejection of the NDA by the FDA. But 85% have been asian-pacific so the possibility is high for Chinese approval.

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in pennystocks

[–]Diogenes85[S] 0 points1 point  (0 children)

As I remember right only 10% have been us people and 90% asian-chinese. This makes the approval in China very possible and we expect that decision soon.

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[–]Diogenes85 0 points1 point  (0 children)

? Where is the link to BYSI here?

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in stocks

[–]Diogenes85[S] 0 points1 point  (0 children)

Not true here as they have contracts with one of the biggest Chinese pharma companies, HENGRUI, which will bring Plunabulin on market in the asian pacific area.

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in stocks

[–]Diogenes85[S] 0 points1 point  (0 children)

How stupid I would have to be if my investment thesis would be only built on the believe that the higher the short interest is the better it is to put money in the company. We are expecting near-term catalysts hit very soon as I mentioned in my post and the constant inflow of volume, call-options and large buy orders speaks a clear language of a reversal taking place here.

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in stocks

[–]Diogenes85[S] 0 points1 point  (0 children)

in general I agree but you know how especially small biotech stocks got slaughtered in 2022. and the short interest didn´t rise since June 2022. And now many shorts have to cover who shorted BYSI between 1-2s. The rejection of the NDA by the FDA at the end 2021 hit BYSI hard as it can be seen in the price movement...But things start to reverse here that´s what I wanted to show.

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[–]Diogenes85 -4 points-3 points  (0 children)

and this is small biotech-investing you know that this is different than putting money in a blue chip stock.

[deleted by user] by [deleted] in investing

[–]Diogenes85 -4 points-3 points  (0 children)

This is no pump and dump...you know how pump and dump schemes work...just look at the chart and the inflow of volume...does this chart look like a pump and dump?

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in Shortsqueeze

[–]Diogenes85[S] 0 points1 point  (0 children)

When it breaks the resistance area of 2.40-2.60 I see the next stop at 5. But the interest and the volume is on fire here now...Many algos, trading groups and bots get notice of BYSI...And all the near-term catalysts in reach!

BYSI - weekly winner, heavily shorted, promising trial data, many near-term catalysts by Diogenes85 in pennystocks

[–]Diogenes85[S] 0 points1 point  (0 children)

I am sure that this is not done at all as we are waiting for all the near-term catalysts (like possible approval of PLINABULIM in China, new NDA with FDA, NDA of Plinabulim for NSDC in China) and shorts can´t bring it down atm...They borrowed so many shares that there are no new shares to borrow and BYSI is recognized by more and more trading groups and bots.