Sep. 7 at 8:00 PM
$RXRX
consistently reporting a wider-than-expected net loss, and there is no clear timeline to profitability
sustained pattern of insider selling
The average analyst rating is "Hold," and recent EPS estimates have been revised downward.
has shown a pattern of negative reactions to its last three earnings reports. The average post-earnings move has been -8.90%, with recent moves being even more severe
hope: tomorrow conference could bring much-needed good news = a positive surprise at the upcoming conference could trigger a sharp, but likely short-lived, spike towards the
$5.00-
$6.00 range. options market is bullish (put/call volume ratio of 0.20 and open interest ratio of 0.41.), Short Interest % Float: At 29.20%, 9.94 Days to Cover, The off-exchange short volume ratio on September 5th was 34.38%, so potential gamma squeeze. but m not holding my breath.
