Has anyone of you listen to Jeff Browns briefing yesterday (05/07)? He talks about 1000% gain in one day on the small cap biotech which cures LCA-10 blindness using CRISPR DNA technique?. I am pretty sure he means Editas Medicine (EDIT). This gain might happen already next today after briefing at 9:30 EDT so today I suppose. I tried to find out what special event today with relation to EDIT might take place but no clue.
Maybe I listen to the briefing one day too late? What I found-out is that EDIT announced earnings yesterday (05/07) before market opened. Jeff´s might have thought that stock will soar after after opening. Unfortunately EDIT stock went down by few percent . Jeff can not be so terrible wrong( I mean 1000% wrong) in his prediction so it has to be another event coming today. Any clue?
I am patiently waiting till 9:30 EDT for the mysterious soaring of EDIT.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.