Dec. 2 at 12:40 PM
$GRCE The fear of the
$3.40 warrant overhang is misunderstood.
Institutions aren't selling there because they lack conviction on the April PDUFA. They are selling to de-risk and secure a "Free Ride" on house money.
Let them feed the liquidity.
Cash runway
Clinical differentiation
PDUFA April 2026
Once we chew through the
$3.40 supply, the real gap up begins.