Sep. 16 at 4:06 PM
I don’t have much hope for small caps boomed stock unless they crack a Phase 1, 2, or 3 trial.
Last year I traded
$XCUR, which did a similar debt-to-stock deal to clean up their books. I waited patiently as the stock moved from
$2.1 →
$1.4 →
$6 →
$4 →
$10, and eventually hit
$33. I played it a few times, but the key win was validating my trading thesis which matters more than random scalping gains.