Sorrento Theraputics (NASDAQ: SRNE)
Flashback to May 15 and SRNE claimed to hold a treatment that offered 100% protection against COVID-19 (STI-1499). The stock went crazy, surging over 100%. Then last Friday, SRNE shocked the market again by saying their drug STI-1438 could potentially prevent people from attracting the virus (a second antidote). The results were only from test tubes and petri dishes. Human trials is the real test. Do you guys think there is upside or just another COVID-19 biotech re-enacting the boy who cried wolf?