$Cassava Sciences Inc
Public offering wouldn't be surprising. Happens often, stock gets hyped and pumped up and then they take that steam to roll out an offering. I know I've been hosed by that before.
Just think of just about every other small float stock that has a 100%+ intraday run. It rarely holds that price. Sure there are exceptions and multi day runs happen but it's not the majority. In my opinion not worth the risk.
I'm going to watch this in the morning and see what the volume looks like. I think it will cool down but if it has another run, can always wait to see if that is confirmed. No reason to just gamble on it. The chart tells a story.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.
Download the Webull App and join community for discussions about the post. Download
HIT THAT BEAUTIFUL 10$ BABY! I’m gonna pay off my parents house, give my grandma 10,000$, pay off all my debts and walk into a dealership and buy a new car right off the lot!Kurisu1987 09/28/2020 13:12
how can I avoid buying at the peak?? I'm a savant for terrible timing.jim***com 09/28/2020 15:51
Should I hold or sell???Navo 09/28/2020 18:01
Trading US Stock with 0 Commission
Get FREE Level 2 Advance (Nasdaq TotalView)
access and FREE stocks!