Convince me not to put $100k into CABA on Monday.

It’s at $3.8 now but analysts are projecting a 12-month avg of $22 and a high of $30+.

Seven analysts are marking this as a strong buy.

It’s seeing exceedingly high trade volume and earlier this year the stock had a big correction. Seems like prime time it swung back the other way?

Cons: It’s biotech…

https://ebbow.com/2-penny-stocks-in-wall-street/

EDIT: Thanks all for helping me step off the edge. You’re right. I’m not going to put in 100k. I’ll put in 50k instead. 😅

UPDATE: I’ve lost $13k of my 50k investment so far 😅. That’ll teach me not to buy at Monday market open….(so glad I didn’t put in $100k. Thanks you guys for slapping me with at least a little bit of reason, otherwise I’d be looking at a $26k loss right now. But gonna hold and see if Dec 4 changes anything.)