Bullish Case: The upcoming AI advancements and partnerships signal growth potential, with high implied volatility suggesting positive investor sentiment. The historical return surface indicates favorable long-term prospects if recent partnerships convert into tangible revenue.

Bearish Case: Ongoing financial instability raises concerns about sustainability. A significant drop in revenues alongside high operational costs could continue to press the stock downwards. The short-term volatility brush paints an anxious market that may spiral further without profit realization.

Potential Outcomes:

1) 40% - Revenue growth from AI and biotech collaborations boost stock price.


2) 30% - Continued financial struggles lead to further declines.


3) 20% - Acquisition interest provides an escape for current shareholders.


4) 10% - Bankruptcy risk looms as operational losses increase.

Trading Oracle: Consider a bullish long call spread targeting the December 2024 $7 and $8 calls, capitalizing on high implied volatility. This approach benefits from potential upside while mitigating risk, allowing a strong reward-to-risk scenario if price rallies around upcoming partnership news.

November 21, 2024