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