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$NRSN -13.64% — what the base rate says

$NRSN -13.64% — what the base rate says

Synergy CHC ($SNYR) rips 59.49% after-hours on an SEC Item 1.03 bankruptcy and receivership filing. Yes, you read that right: filing for bankruptcy is apparently a bull thesis on the evening tape.

Across the ticker, Culp ($CULP) pops 18.34% on actual Q1 earnings, while American Eagle ($AEO) and NeuroSense ($NRSN) dump double digits on their releases.

Here is the sobering baseline for retail chasing the $SNYR bankruptcy pump: across 3,283 historical instances of catalyst gap-ups over 30%, the setup fades to red 66% of the time with a median intraday return of -7.23%.

Celebrating an insolvency filing is not an edge. It is donating your capital to the exit queue.

What the data showed

  • $NRSN -13.64% NeuroSense Therapeutics Ltd. · closed red 52% · green 47% (n=709) mcap $30M · float 30M shares
  • $GELS -12.78% Gelteq Limited · closed red 53% · green 46% (n=5,069) mcap $5M · float 6M shares
  • $SKIL -12.40% Skillsoft Corp. · closed red 52% · green 47% (n=709) mcap $61M · float 5M shares · sector: SERVICES-PREPACKAGED SOFTWARE
  • $COO -12.22% The Cooper Companies, Inc. · closed red 52% · green 47% (n=709) mcap $13.6B · float 194M shares · sector: OPHTHALMIC GOODS
  • $MGN -12.04% Megan Holdings Limited · closed red 53% · green 46% (n=7,993) mcap $5M · float 22M shares
  • $NAVN -10.82% Navan, Inc. · closed red 52% · green 47% (n=709) mcap $7.1B · float 93M shares · sector: SERVICES-PREPACKAGED SOFTWARE
  • $SUNE -10.20% SUNation Energy Inc. · closed red 53% · green 46% (n=7,993) mcap $15M · float 4M shares · sector: CONSTRUCTION - SPECIAL TRADE CONTRACTORS
  • $AEO -9.77% American Eagle Outfitters, Inc. mcap $2.9B · float 156M shares · sector: RETAIL-FAMILY CLOTHING STORES
  • $BLRX -9.02% BioLineRx Ltd. mcap $13M · float 6M shares
  • $LAKE -8.13% Lakeland Industries, Inc. mcap $118M · float 8M shares · sector: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES

Before chasing an after-hours earnings runner or a bizarre bankruptcy pop, pull the historical sample on FILTRIX.net to see how often the morning open actually holds. Discipline > FOMO.

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