
$Nexentis Tech(NXTS.US) surged +156% in a single day, all because its subsidiary got on board with Boltz's AI drug discovery line. The narrative is off the charts 🙈
But this company is still burning cash this quarter, with a net loss of over six million USD, and it has a small float. Is this kind of pulse, ignited purely by a single piece of partnership news, the start of a new main trend, or just another emotional rollercoaster? If you don't have a position, it's really not advisable to chase at these levels. If you do have a position, figure out your take-profit point first.
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