Bright Minds Biosciences Inc C.DRUG

Alternate Symbol(s): DRUG

Healthcare Biotechnology

Bright Minds Biosciences Inc. is a biotechnology company. The Company is focused on developing transformative treatments for neuropsychiatric disorders, epilepsy, and pain. It has a portfolio of next generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult to treat disorders such as treatment resistant epilepsy, treatment resistant depression, post-traumatic stress disorder (PTSD), and pain. Its pipeline includes BMB-101, BMB-202, and BMB-xxx. BMB-101 is for the treatment of Dravet syndrome and other neurological and neuro-psychiatric disorders. The Company has a portfolio of patented, selective serotonin (5-HT2C, 5-HT2A and 5-HT2C/A-receptor subtypes) agonists that were identified by using high-throughput screening methods in combination with advanced molecular modeling techniques to interrogate the interaction between the drug and its targeted receptors to increase downstream signaling while avoiding off-target effects.

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Bright Minds Biosciences Inc > 3 Hot Biotech Stocks to Watch $DRUG $NRX $BIOV

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Post by quinlashon Oct 31, 2024 1:58pm

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Post# 36290991

RE:RE:3 Hot Biotech Stocks to Watch $DRUG $NRX $BIOV

The trick to finding stocks that make these sorts of rapid / massive runs is to buy on stocks that have high short positions. It takes time to form so long hold times are a necessity.

Shorts are under contract to buy, regardless how high a shareprice starts to go.

The share deal announced was likely a result of a hedge fund being caught in a squeeze and they were forced to buy shares by the regulators.

For disclosure, I hold no long nor short position on this one, just monitoring for analysis purposes.

Best Regards

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