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Niftyifty05/30/2020 06:22

$Minerva mist just went through a similar stage 3 failure. Wait for the dead cat bounce then load up around 2.00. Should be able to double your money once they decide if the 40 week trial is going to happen or not.

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J♾Trades·05/30/2020 20:12

Your right about the Chain reaction on 10/01 but then again you cant compare a first day $12(85%+) “1 DAY” over reaction loss to $3.59(46.6%) “1 MONTH” loss. This over reaction is 85%+ in 1 DAY. Welp only we can do is try our best to analyze the stock we go into. In the end of the day we just have to wait and see.

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Roz911·05/30/2020 18:43

Funny that MIST never went back over 3.97 in three months.....laying flat.

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Niftyifty·05/30/2020 18:47

They have nothing to show really on their books that I know of. I ran it from under 2 to mid 3's and got out. Won't look at it again until it enters that massive gap. I think Minerva should recover quicker.

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ThALoK·05/30/2020 16:37

No chance it drops to that level, but good luck if you try. This is a strong biotech overreaction drop. if you can sneak in under $4 monday morning your golden.

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Niftyifty·05/30/2020 16:45

All phase 3 failures feature string overreactions. Doesn't mean it's over, unless this is somehow the one biotech that can beat the odds even though it only has one other product in trials, that is far less hyped by the industry.

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toopoor58·05/30/2020 12:06

in at 2.22 think am good if dips under 3 will buy more

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toopoor58ReplyNiftyifty·05/30/2020 19:23

thanks

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Niftyifty·05/30/2020 12:59

Yep good starting position. If I'm wrong you are set for take off. If I'm right you get to sit back and watch comfortably and maybe add some more.

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wwwCarbonDioxideRecyclers·05/30/2020 08:59

if I were you I would definitely wait for 181 again. because then if you could get 181 again, you actually bought on the dip.

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Praying Mantis 🦗·05/30/2020 07:28

Thanks for the info. I will keep that in mind and be cautious. Is there other stock beside MIST that have the same charge like this one ? Im pretty new and any info would help Thanks 😇

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NiftyiftyReplyTreesrlegal·05/30/2020 20:16

wait what? sorry I should have added year to should confusion. 10/01/2019

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TreesrlegalReplyNiftyifty·05/30/2020 14:21

True patterns are paterns

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Treesrlegal·05/30/2020 14:20

Yeah 19 years ago is a long ass time though. This 5y chart is all anyone here needs to see to know this has 0 chance of stalling before 7 Monday. Even worse case scenario you wait a week to get to 10 +

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Niftyifty·05/30/2020 07:18

🤔

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Niftyifty·05/30/2020 07:07

What to expect over there next 1-2 weeks 🤷

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Ironsmash·05/30/2020 07:02

Haha, $2 is long gone! You too slow bro!

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Niftyifty·05/30/2020 07:09

Feel free to look at previous biotech failures. let me know when you catch the pattern.

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848****754·05/30/2020 06:31

LOL you wont see $2.00

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NiftyiftyReplyTreesrlegal·05/30/2020 16:53

Got cut off: ... deflate to the original low as the bounce investors realize no chance for V recovery.

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NiftyiftyReplyTreesrlegal·05/30/2020 16:52

I agree, except only one of the other drugs is in trial based on what I'm reading. The other is just in development. I anticipate them going through typical trial phase failure chart pattern and rebound in a couple weeks. It will take at least that long to announce if they go forward with the 40 week trial. Pattern usually sees a massive drop and slight recovery on the day of the news. Groupie followers see the price drop and buy. After that, price will slowly deflate to the origina

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TreesrlegalReplyNiftyifty·05/30/2020 14:24

They have 2 other big drugs in phase 2 and this will be 40week or re-evaluated and started again. They are working with Johnson and Johnson on another big drug I don't see this being issue. One trial doesn't break a company unless its all they have ever had. This company being doing good for a while

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