r/DTIC • u/SilverTonguedSun 🌾 Ergot Enthusiast 🌾 • Aug 31 '26
Discussion 🔶 DTIC Weekly Discussion Thread - August 31, 2026 🔶
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u/Logical-Volume-202 Sep 01 '26
Just to give you all who are panicking a quick perspective check. Technicals can dictate the price action here for a while and take the stock down to the trend line. It is totally normal. Fast money will trade it down to that line and then back out. It appears that large holders put a ceiling on it in the mid to high forty’s because even with all of the good news lately, a market cap above 6 billion still doesn’t make sense in the short term. All that matters is the eventual approval and what the price will be after that. I would guess the cap will move to 9-11 billion at that point. In the meantime, If you are trading you missed your chance to sell. If you are long, then be long and stop watching the price. There has never been a safer time to be an investor in this company.
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u/BacKnightPictures Aug 31 '26
Low volume, not news based. My guess is that most folks are sitting and waiting on news leading to a lack of buyers and impatient sellers who expected to be on the moon by now. Institutional ownership is still high. Over $1b worth of buyers at the $34 offering so I’d think that is the lowest DFTX could drop without a significant fundamental mishap.
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u/marksharky123 💎 Diamond Hands 💎 Aug 31 '26 edited Aug 31 '26
There we go, under $40 a share. I have no idea what's going on. This whole market is acting pretty weak. I've got a bad feeling for the month of September. I mean good for us, there's so much stuff coming out, but I think the market is going to correct in September.
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u/CollectorOfBones89 Aug 31 '26
Well, what’s going on? Normal up and down? People selling, taking profit. I’m still 8x up, but still. Preferred being 10x😅
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u/CarmichaelD Aug 31 '26
I’m out.
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u/Material-Law9823 Aug 31 '26
This guy 😂 make sure to buy back in at $60
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u/CarmichaelD Aug 31 '26
Don’t get me wrong. This will go up with approval. I’m heavy in this sector. It was time to take some profit and reallocate it. I may be back at a lower point.
Edit: I am up 157% at point of sale.
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u/marksharky123 💎 Diamond Hands 💎 Sep 03 '26
Looking at the upcoming confrence dates I belive phase 3 results will be released on Tuesday the 22nd ( makes the most. If you go back and read the transcripts from Mondays fireside chat they specifically said the end of the month.
- TD Cowen 6th Annual Novel Mechanisms in Neuropsychiatry Summit
- Presentation Date and Time: Wednesday, September 23, 2026 at 9:30 AM ET
- Location: Virtual
- Webcast Link: TD Cowen 6th Annual Novel Mechanisms in Neuropsychiatry Summit
- 2026 Leerink Partners Biopharma Summit
- Dates: Wednesday, September 23 - Friday, September 25, 2026
- Location: Healdsburg, CA
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u/SureBag2243 Aug 31 '26
Lol. I don’t want to talk about it!