 Boom! What's up money geeks, Mr. V here, welcome to another video guys. So into this video we are going to talk about Ticket Symbol, S-A-V-A Cassava Sciences. So this is a company that I've been researching and I've actually watched the company make some moves, the stock price has been so volatile but it's getting to the point where I'm starting to feel like I should get in on the action at least from a very minimum standpoint get in on the action. So that's what I want to talk about in today's video but before we get started guys if you are new to the channel we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So when it comes to Savva again Ticket Symbol, S-A-V-A it's a stock that has gone through ups and downs again right now it's on the downside because of some bad information that came out about the stock. So basically this is a company that is actually researching and trying to come up with medication for Alzheimer's and so they are leading that space and like trying to come up with new medication. It's we've seen the stock go up go down again most recently the stock took a massive beating because one of the short seller firms came out and said some of the data that they had presented to the FDA about their triers was actually not true it was fiction and so the stock really took a beating. So again the company is actually working on Alzheimer's disease just kind of like an early dictation and a treatment of that disease. So you're probably asking yourself but how do I or what's in there for me for this stock. Here's what I want us to take a look at when we come back here. So first let's go just jump right here take a look at the stock price as you can see right here back in I think this is February of 2021 you can see the stock winter as high as $88 and then pulled back to $34 back in April when we had that massive pullback in the market and then squeezed all the way to a high of about $135 almost under $36 that's back in July of 2021 and then pulled back down to $70 and then again back to $124 and then now down to $44 test test $68 or $69 now sitting at $52 and some change. So again if you're looking at all this massive swing you're probably thinking like boy I don't think I want to get into this stock. So for me the fact that the stock can pull back down again towards this lows down here again and then the fact that they have actually initiated phase three of their trial some is going to bring it right here so phase three trial program is just they just initiated that even after they had the issue with the short seller report that pulled the price of the stock down right now their phase three is still in progress the FDA did actually approve their phase three so it's actually going on right now so let's just go back here again I want to show you guys some of the news so you can see here the phase three is still moving forward so imagine that their short seller report came out and said their data was not real data but yet the FDA is actually allowing them to go ahead with their phase three which tells me that if they had that much of an issue with the data the FDA would probably put a pause on this and tell them to wait until that was resolved the fact that the FDA is allowing them to move forward with their phase three tells me that there is not much here that the FDA doesn't really think that the data was that bad as much as the short seller firm reported but if you just take a look here the numbers if you're trading somewhere about a hundred and 18 to $120 and think pulls down to $43 that's a lot of money for short sellers I mean so you can see here that is huge huge money for short sellers so the report actually really earned the short sellers a ton of money but for the company I think that was a bad rap and so I don't think they don't want to do it so here's what I am planning on doing here the fact that this thing has been holding around this particular price point here again I'm looking somewhere between 40 and 50 within that price point what I anticipate do is I'm gonna open up a small position again this is high raise high reward for this particular one because if the phase three trial data comes out and really really flop guess what this stock price is even gonna go down wouldn't surprise me if you think and go down back and we test the teams so but if it first three data comes out and be like thumbs up I anticipate that this thing is probably in the skyrocket and go back to over a hundred dollars so that's my premise here again this is not one that I am telling you guys this long term I'm actually going in here with a small size but even what I anticipate doing more so it's not just going in actually buying the full stock what I plan on doing is I'm gonna buy some call options because those are cheaper so if I can buy a hundred shares for let's say 80 bucks or a hundred bucks so buy call options that would be a lot cheaper again if you don't know what these are if you don't know what call options are basically these are you buying one one contract has about a hundred shares in it or has a hundred shares not about has a hundred shares in it so if you buy one contract with a hundred shares the price is usually for for options is usually cheaper than buying the full 100 shares outright so 100 shares are $40 as four grand right but if you buy a one contract that has 100 shares let's say a strike price of 80 or 90 bucks you can lose that 80 bucks completely if it expires completely out of the money or you can make a lot of money if it expires in the money so if you buy that and buy that by the strike price that stock is trading somewhere around there then you're good you can make a lot of money so that's my that's my game plan here but I wanted to introduce you guys to this company I'm not sure if any of you guys already have some you know has a position here or you've actually traded this I've traded a server several times they're trading it but now I'm looking to kind of do a swing trade on it just based on the fact that when I look at the charts here and the fact that they are doing this phase two trier I don't mind taking a position here and just getting my hands wet with the stock from a swing trade standpoint again I'm going the route of doing options I'm supposed to buying individual stocks because that at least kind of limit how much liquidity is going to be tied up into the stock and also if the thing expires out of the money I'm only starting to lose what I paid for let's say if I buy one contract for 80 bucks I can lose it can expire what like so I can lose that 80 bucks and I'm not going to sway it but on the flip side I can make three four five hundred dollars off of that 80 so that is my my game plan here again let me know what you guys think about this um for this you guys that are into pharmaceuticals guys if you know a lot more about this particular stock please kind of leave a comment below let me know what you're thinking if you feel strong about the stock you think you feel strong about the direction that the company is going you know a little bit more about them again let me know in the comment section and as always guys do your due diligence don't be a greedy savage stay motivated