2026-01-09 21:44:07

CGON is a rare pre-IPO US biotech company I participated in. Recently, they announced the early release of Phase III clinical data, and the market reaction was a straight limit-up. The stock price has just broken through a new all-time high, and I am still holding. To be honest, why did the stock surge so high after the early announcement? I’m a bit confused myself. However, opportunities and risks often go hand in hand — if the data surprises negatively, a significant pullback is expected. So this position has both profit expectations and the readiness to endure setbacks. Investing is not gambling, but it does require the courage to take on risks.

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GasFeeCryBaby

· 11h ago

The data was announced in advance, leading to a direct limit-up. This move is indeed a bit outrageous haha, it feels like the market has been waiting for this moment.

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RektButSmiling

· 11h ago

Releasing data in advance to directly hit the daily limit-up—this pace is truly outrageous. But biotech stocks are like this: once the data is out, they either skyrocket or crash to the ground, with no middle ground.

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RugpullTherapist

· 11h ago

Positive data just leads to a single limit-up; this round of market movement is indeed a bit outrageous... But biotech stocks are just like this; sometimes the market is simply irrational.

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CodeAuditQueen

· 11h ago

The third phase data was announced in advance and directly hit the daily limit. This logical flaw is really big... It's just a bubble driven by market sentiment, with no underlying safety mechanism to anchor real value. After reaching a new historical high, just wait and see.

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DevChive

· 11h ago

The data release directly hit the daily limit, this wave is indeed a bit fierce, but don't get too excited. Biotechnology stocks are like that; one bad news can cut them in half.

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RektCoaster

· 11h ago

Good data leads to limit-ups; I really can't understand this logic... But if you make a profit, don't ask why, right? We'll deal with the risks when they come.

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