Hey everyone, Barrie Einarson here with another edition of “What Makes This Trade Great.” Today, we’re diving into a biotech stock that’s been on an absolute tear: SRRK (Scholar Rock Holding Corporation). This one’s for my fellow AI and biotech enthusiasts who love finding those explosive pre-market movers.

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The Setup

So, let’s talk SRRK. You may have heard some chatter about it because this stock has been on fire lately. By the time I got my alert on this one, it was already up 200%—yes, you read that right, 200%. Some of you might wonder, “Why look at a stock that’s already had such a big run?” Here’s the thing: just because a stock’s up big doesn’t mean it’s done moving, especially in biotech.

What Sparked the Move?

The catalyst behind this rally? SRRK had some exciting news about a Phase 3 trial that dropped in the pre-market. As you probably know, the market eats up this kind of news, and that’s exactly what happened here. When I first saw it, SRRK was trading around $27.31, and as the day unfolded, it continued to climb, reaching an impressive $32.50 shortly after the market opened. That’s a $5 gain in no time!

I get it—200% is a huge pre-market move, and it might seem like all the juice has been squeezed out. But with biotech, these moves can snowball, especially when you have significant news that gets the broader market excited. In fact, during the pre-market, SRRK hit $35—and that level has the potential to act as a “magnet” for future price action.

Why Pay Attention to Big Pre-Market Movers?

So, why even look at a stock with such an extensive pre-market gain? It’s simple: stocks like SRRK can keep running. The momentum doesn’t die just because it’s up a few hundred percent—if anything, these stocks often have a little extra gas in the tank when the news is this compelling.

For those of you who caught this alert early, SRRK was a gift that kept on giving. And even if you missed the initial move, there were still multiple opportunities to capitalize on the volatility throughout the day. This trade is a prime example of why it’s essential to watch the pre-market action and stay open to the potential for big gains, even after a strong run-up.

Final Thoughts

SRRK’s move shows how staying alert to news-driven plays can make all the difference. These aren’t everyday trades, but when they happen, they’re exciting. The AI-driven alerts continue to find these gems, helping us capture substantial gains even when it seems like the big move has already happened. For those of you in the trading room who took advantage of SRRK today—congratulations!

So, keep an eye on these biotech movers, and don’t shy away from stocks that have already made big jumps. As always, happy trading, and I’ll see you back here tomorrow with more trade insights.