Trade Alert: Microcap Pullback
Bullish bets on three of our microcaps that have pulled back but have upcoming catalysts.
Microcap Pullbacks
Three of our microcaps pulled back this week, one of which, Sana Biotechnology (SANA 0.00%↑), a company that has developed a potential cure for Type 1 diabetes, I wrote about yesterday:
The second one is Tecogen (TGEN 0.00%↑), which, as it builds gas-powered chillers that are used by datacenters, is a picks & shovels play on AI.
The third one is Bit Digital (BTBT 0.00%↑), a former Bitcoin miner which stakes (and stacks Ethereum’s crypto coin, ETH, and just had an IPO for its high performance computing subsidiary.
All three companies have earnings coming up, which could end up being positive catalysts, as they may include information about new clinical results, in the case of SANA, new deals, in the case of TGEN, and new cash and ETH levels, in the case of BTBT.
Details on all three trades below.
Today’s BTBT Trade
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