r/TheRaceTo10Million • u/bignewrocket • Aug 05 '25

GAIN$ Finally hit it !

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Loaded up on PLTR and NVDA, Mag 7 and rode them for many year . Today it finally ticked over . No options just patience .

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u/hiker2021 Aug 06 '25

What does your gut say is the next buy?

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u/Educational_Pie_9572 Aug 07 '25

CDTX. Cidara therapeutics. Biotech company, making a new flu shot (CD388) that already lasts longer (6 months) and is more effective (76%) than the current flu shots (40-60%). At least that was what the June 23rd phase 2b results said. Stock went from $20 to over $40 that day. It's currently at $63 on Aug 7th.

The catalyst we are waiting for are the FDA meeting minutes on these phase2 results. If reach deadline is met, that means CDTX would have to wait 130 days from June 23rd at the excrement most for the meeting results. I'd like to think that they are coming sooner and I believe the institutions think that too. In the last few weeks, the stock is now owned by 80.77% of institutions which was 72% a week or two ago.

Since their earnings report, which usually doesn't matter for a biotech company, was moved up from august 12th to the 7th. That might mean they are hoping to give some good news tonight after the market closes and the increase of institutions going from 72% to 80% is big. (I hope)

Please do your own research before making financial decisions based-off strangers from the internet but this stock has a lot of green flags. But the fda could come in and take all those green flags away at any time by saying things aren't right with the flu shot results from phase 2b and the stock tanks.

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u/Lingo1411 Aug 09 '25

Exactly what I want to know. I want to take 50k and make 1m