
Entry comments: I'm buying 1k ERAS here at 6.63 as this biotech is rumored to be bought out, read https://tim.ly/49fTKya and many buyouts happen on Monday so that would be a home run to the $7s, 8s or even $9s, but that's not highly likely to happen, the good news is they're also presenting at a conference on Tuesday so they should hype themselves up nicely there and run into that presentation. The goal is to sell in the $7s or $8s, cut losses if it can't hold this level so risk of losing 50 cents
Exit comments: I'm selling here for small profits as even though the company announced solid data premarket https://tim.ly/4jAQSzp its dropping due to it being a sympathy play to RVMD which is also lower to start today after a big runup last week as there's no new news regarding that company's potential buyout from Merck. See my weekend video lesson for more on my take here, but I'm playing it safe just in case and taking the single
| Date | Price | |
|---|---|---|
| Entry | 1/9/2026 | 6.63 |
| Exit | 1/12/2026 | 6.80 |
- Total Views63
- Position Size1,000
- Percentage2.56%