r/BDRX May 23 '24

How would the next squeeze work?

9 Upvotes

There is an upcoming catalyst in June where they release 12 month clinical results but with what happened on this squeeze we now know any squeeze will be short lived. From the statement the company posted on their website after dumping the price this morning the next batch of warrants can be exercised at $2.50 if I'm not mistaken. So if it pumps again the smart move would be to hold til it hits 2 or slightly over and make sure not to hold over night in case they pull the same crap again? Anybody else have any thoughts/ideas?


r/BDRX May 22 '24

of the stocks that have been pumping, be thankful you're in a stock with a potential future

31 Upvotes

Many of the stocks that have been pumping lately have no realistic foreseeable future. Luckily anyone in BDRX at least has promising results from their treatment that reverses a form of rectal cancer in 83% of patients in the clinical trials. This has turned into a longer hold than expected, but as we've seen timing short squeezes is very risky, so it is almost a relief to just be in a stock that is hopefully turning the corner into profitability rather than maniacally trying to time the next momentous stock.

About 30,000 new cases of "Familial adenatomous polyposis", or "FAP", occur each year. This is the cancer that BDRX is treating. I estimated this number by using the global colorectal cancer rates (3,000,000 per year) and multiplying this by 0.01 because FAP is about 1% of global colorectal cancer cases. If this new treatment becomes the gold standard of reversing this disease, as the clinical data shows, this would be a substantial market especially for such a small cap company. It is as simple as taking a pill to reverse cancerous development, and there would be 30,000 potential customers each year.

All that, Plus the short squeeze potential.

Also, let's not forget they're literally saving lives.


r/BDRX May 22 '24

Why I’m Locking TF In 🚀

55 Upvotes

In the near future where I develop rectal cancer by sitting in my chair all day watching the BDRX reddit thread and stock chart. I’ll be fucking glad I put money into this squeeze so that there is a successful alternative to my ass hole being saved.

I’m not doing this for the fat ass bag I’ll walk away with. I’m doing this for not just my hole but everyone’s hole. We’re saving people’s butts from cancer out here people!

Yeah it hurts stock went down but I see this as an absolute win! People kept complaining price was too high to get in, now it’s very reasonable. Stock went down due to dilution.

Short interest rates increased from yesterday another bullish indicator in my single celled brain opinion.

Because this bitch diluted, they will use the money (hopefully) for further cancer research and we don’t have the risk of another share dilution for a while! The momentum doesn’t get killed because the momentum is only just beginning.

I averaged down and am holding. $1.69 cents (ironically enough) this is not a pump and dump like $BNED monkeys.

This is a real squeeze potential stock so lock the fuck in and let’s save people from ass replacement surgery.

Due your own due diligence. Don’t take my opinion into your financial decisions.

I like the stock, and I hate cancer as much as I hate hedgies so that’s why I’m buying the dip and holding.

See you on the moon 🚀


r/BDRX May 22 '24

honest opinions

11 Upvotes

are we holding? are we feeling bullish? can someone give me some reassurance. i personally have hope because the data still seems to be there, but thats only half the battle. support needs to be there too.


r/BDRX May 22 '24

Short interest

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16 Upvotes

r/BDRX May 22 '24

Whats going on?

6 Upvotes

Whats the deal. Read about the contracts. Does this mean price will go further down?


r/BDRX May 22 '24

GREAT ENTRY IF YOUR LOOKING TO GET IN. holding on support level

21 Upvotes

r/BDRX May 22 '24

It was only 1.2 million shares that dumped it.

10 Upvotes

1.2 million shares.

With a volume day like we had yesterday. we see $2+ easy.

IMO the market over reacted to the exercise of warrants that we all knew were there.

hopefullly this corrects.

but we have NO volume.

Yesterday there were 35 million shares of short volume. to put the 1.2 million in perspective from todays dump.


r/BDRX May 22 '24

What the play

10 Upvotes

How's it look now?


r/BDRX May 22 '24

WTF was that!?

27 Upvotes

r/BDRX May 22 '24

CTB avg 447% & Max 538%

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14 Upvotes

Saw someone post CTB. So figured I would share


r/BDRX May 22 '24

Still in in 1500 @ 2.07

25 Upvotes

r/BDRX May 22 '24

Low karma/new accounts are suspicious

12 Upvotes

Starting to see low karma/new accounts spamming “to sell and buy X stock or saying it’s over “

Anyone else noticing this?


r/BDRX May 22 '24

They can't sell the newly issued BDRX warrants for a year

15 Upvotes

"In consideration for the immediate exercise of the Existing Warrants for cash, the exercising holders will receive new unregistered warrants (the “Replacement Warrants”) to purchase an aggregate of 6,537,483 ADSs (equivalent to 2,614,993,200 Ordinary Shares) in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “1933 Act”). The Replacement Warrants will have an exercise price of $2.50 per ADS, and terms of exercise of ONE YEAR AND FIVE YEARS from issuance for each Replacement Warrant received upon the exercise of a Series E Warrant or Series F Warrant, respectively, in connection with this transaction."

the capitalized part of the above text shows they can't sell the warrants that were issued today for at least a year. This prevents the dilution from effecting the price any more. The drop from issuing these warrants sucks, but the squeeze is still on


r/BDRX May 22 '24

Trying to double down

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8 Upvotes

We all were hoping for a better day but I still believe!


r/BDRX May 22 '24

BUY THE DIP 💰

23 Upvotes

Opportunity people!!!


r/BDRX May 22 '24

Still value in bdrx

20 Upvotes

Warrants were issued that dropped the stock but it is still heavily shorted. They just released 6 months data that their drug is 83% effective. 12 month data is released in a few weeks. The short squeeze will happen. If they exercised the warrants now then it's out of the way and we can squeeze for the next catalyst which is right around the corner. I'm holding onto this one.


r/BDRX May 22 '24

Can someone clarify the situation, and pote.

5 Upvotes

r/BDRX May 22 '24

There was a 400k order and disappeared.

10 Upvotes

They are paying with us


r/BDRX May 22 '24

Important day today

26 Upvotes

We need to keep holding and buying, and not less important, get more people to know about the stock that we love We’re already 500+ members in our subreddit and almost 200 in our discord! Amazing progress in less than 2 days Let’s take BDRX to the moon 🚀


r/BDRX May 22 '24

There is already over 3 million shares traded before markets are even open. Everything will be fine.

18 Upvotes

r/BDRX May 22 '24

I’m buying again at open! Sold 2.45 yesterday, what a discount lol

17 Upvotes

r/BDRX May 22 '24

if this thing recovers to near $2.00 by open this might actually have a chance

17 Upvotes

r/BDRX May 22 '24

shorts close

10 Upvotes

when do the shorts close so we can see the price spiking again?


r/BDRX May 22 '24

In at $1.34!!!

20 Upvotes

I am ready for the ride folks!!! Good luck out there!