ya'll degenerates gambling on memecoins for 1000x if you put an ounce of effort on learning pharmacology you would be a billionaire shorting pharama stocks when they release Clinical Phase 3 trials.
>>59288560Yeah bud it was your effort and pharmacological prowess that discovered this, not your easily reading the work already done by shkreli (how you actually discovered it), be humble
>google>"This morning is was announced that the phase 3 trial failed"
>>59288560>t. Just watched a Martin shkreli video that came out 3 months ago
>>59288583>>59288605Way to miss the plot. Martin has repeatedly said on stream he learnt pharma stocks by himself reading through 10K filings for pharma stocks.
>>59288560>short>max return - 2x>long >max return - potentially infinitewhy do people even bother with shorts
>>59288653well it was more or less guaranteed. do you understand statistics? the p value was .5.if you had shorted before everyone jumped into the trade you would have made 40x.shkreli is a smart guy because he more or less got the timing down pretty well to more or less exactly when they were going to announce the phase 3 clinical data. thats kind of hard. the companies have an incentive to delay it as much as possible. I thought they were going to unironically announce a stock split or something, so I didnt put in as much money as I couldhave.that said, yes shorting has less profit potential per dollar and less liquidity. that's why most large funds dont bother
>>59288638Many people got their start dicking around with pharmas for that sweet bo deal or gigadump. What you get is a huge waiting game in otherwise nobody companies leading up to a binary outcome where you either win or are entirely fucked. It's pretty degenerate I would place it on the same level as memecoin gambling even though I literally built my first real folio from the gains off the tobira buyout.
>>59288714you're exaggerating. the sava phase 2 trial suggested a ligand could dissolve a protein and some sort of thing slightly larger than an amino acid acting as a docking mechanism for proteins. it is just completely fraudulent, not even remotely possible, and if, for some reason it was, it would be groundbreaking and have a stronger evidential basislook, just admit you're too stupid to understand the data or too lazy to look through it. I am too lazy to look through it for hundreds of companies. but what he said was completely valid. it's not degen at all.shkreli is smart becuse he understands how the boardrooms work and predicted the date pretty well. yeah he bled theta but if you jump in early enough it's not a gamble at all
>>59288638>way to miss the plot you are literally copy trading him after he put out multiple videos saying to short the company and you're coming in here like its your idea. Shut the fuck up faggot you aren't the only one with a youtube account.
>>59288560So you post this and samefag your thread all because you want to help random internet strangers make money? Wow you are so altruistic to care about my welfare anon. Surely you weren't paid to do this and did it for free.
>>59288749Are you arguing with me over whether their drug worked or not? We're not having the same conversation. From what you said in your OP, I'm telling you from having been there and done it, it isn't some sure thing game where you easily make money. It's an incredibly risky and gambly business. Don't let one example lead you to believe it's always so clear. You don't seem experienced in bios.
>>59288793bro wtf are you talking about? The play has already passed, it was to short SAVA before they released Phase 3 results this is not some pump and dump like your 100k marketcap shitcoin
How much money Shkreli made shorting sava?
>>59288560I'm already aping on some mini app memcoins on TG, the likes of Boinkers and Blum would melt faces
