Biora Therapeutics, Inc. PROG

There is no PR. That was an announcement of a meeting date to discuss the data. Whether the data is acceptable for FDA approval or not, that’s to be determined.

Probably sell off into the open bell and hour. Will wait for confirmation. Convince me.

Futures are flat.
XBI down in premarket
Payroll report release today
Bond rate up and to be determined today.
Biotech sector majority are red in premarket
COVID cases rise

These are reasons why PROG may see more selling pressure today.

PROG can be scary if you are not a bagholder above $3. Seriously think folks. Volatility is crazy. Price swing up and down on a whim for no reasons. You can only safely day trade PROG.

If data was that good, it would have been released or leaked.

Getting accepted into a program doesn’t mean you will graduate with a degree. Look at our college failure rates. So a poster acceptance doesn’t mean Jack. FDA approval and Pfizer partnerships will move this stock.

So no data yet, please be careful. Don’t let pumpers get you excited into buying. Today will see selling pressure due to bond rate and payroll data release this morning. It can swing down.

So PROG loves to dump news at 6 am. What to do if you don’t have premarket trade between 4-6 am

If this were to be positive hard data this morning, stock would have been $10 instantly. But no hard data at this point.

Let’s see how short will attack this down today over News of a data release on February 18.

So this news release is akin to saying data will come on February 18th. And some people are jacked up over the news. This ticker may see downward pressure today from rising bonds, payroll report, and Fed’s meeting data release.