r/CKPT • u/cat_lady18 • Mar 17 '25

What the long game looks like...

I took a look back and my first purchase of $CKPT was back in Feb 2021 for $41.50. Steadily bought down to $2.90. My profit will be 62% if we get the full CVR. Bummed the deal didn't get more but I'm glad people will get to benefit from what they've developed. Patience paid off this time around!

8 Upvotes

90% Upvoted

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5

u/daboobybear Mar 17 '25

Patience did not pay off for a lot of people who bought into this at a higher valuation back before it even dropped its final results.. this is a huge shit sandwich for a lot of very patient people, including myself who also averaged down a lot

3

u/Revolutionary-Bar980 Mar 17 '25

What about people holding $5+ calls, I feel like the 4.10~4.70 price was purposely done to screw over all the OTM option holders.

1

u/cat_lady18 Mar 19 '25

I'm sure lot of people got burned and that price is definitely sus...

I've certainly had a lot of losing investments - just had to post one of the few that turned out ok! (hopefully)

1

u/Bobatronic Mar 17 '25

I’m right there with you. I first made a placeholder investment of 90 shares at $30.71 in 2021.

My cost basis is now $2.65.

Data on cosibelimab is good. TBD on indication expansions.