$BLPH
Been up the past few days and went past several months' resistance.
PLUS, it should regain compliance tomorrow or the day after (NASDAQ is sometimes a lil slow). Last Friday was their 10th day above the $1 mark. i've noticed that stocks with normally good volume tend to spike fairly well when they regain compliance, such as XGTI, GEVO, BASI, etc etc etc
So hoping this blows past the $2 with recompliance tomorrow in addition to people jumping on this stock because of its recent gains. Additionally Phase II testing results should be out sometime this month so that should also help get more people into this stock (but i don't recommend getting into a stock because you hope that results will be good). All together, hoping for a massive spike if recompliance is announced, God willing
How can you tell if it's regained compliance?
Go to this site between 7am-8am, possibly 9am:
https://listingcenter.nasdaq.com/NonCompliantCompanyList.aspx
If you no longer see "Bellerophon Therapeutics, Inc." then they have regained compliance. And of course with all event trading, you wanna see positive price action first.
Yea but unfortunately they didn't put out a press release announcing it for God knows why, so unfortunately no massive spike
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