Up another 16% today

09Ag, read the article links I have posted here it give you all the info you need on IGXT. Several catalysts expected before end of July.

2 insiders just purchased 120,000 shares too..... it won't be under a $1 any longer for long, my guess is we will be up Monday after the insider purchase and expectation of news in next 2 weeks.

AVEO losing some ground after the big momentum boost. I don't have any doubts it will bump back up again past $3 if it is officially approved.

This forum is gold. I appreciate everyone putting in the work and giving us ample opportunities to make money.

I like MYO - recent IPO, interesting pipeline, but most of all for a technical play for the next week or so. I'm in and slowly adding more.

Big 7% jump in Paratek today ($PRTK). A person I follow closely has said that their Phase III ABSSI trail was just marked as completed, so the data will be out probably today AH or tomorrow morning before market open. Playing binary data events (data passes / fails) is really risky so I'm selling half of my position today to de-risk and taking the profits of $16 bought to $26 sold.

I'm keeping my other half as there is a 70-80% chance the data will be good. Play it as you like.

Paratek -- Omadacycline passes all primary and secondary end points!

Fantastic thread.

Jumped in on FOLD this AM, and, so far, I'm glad I did. Up 20 cents/share in just the past few hours.

EDIT: Glad I jumped in and out quickly...big time drop today (7/19)

VRTX en fuego

aggiehunter3 said:

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VRTX en fuego

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Unreal. Had to double check if that was what I was actually seeing...up $30 A SHARE.

Hope some of y'all were already in on that!

Anyone own CELG?

Great call on VRTX very early in this thread. I think there will be buying opportunities if you haven't gotten in yet. Great M&A candidate down the line.

VRTX has made me a chunk & I'm on it long. Huge news for us with CFers!

Anyone own or watching NKTR?

Really happy for you both, my wife is a CF carrier. When we got pregnant the first time I learned a lot about CF. luckily, I was not a carrier so at worst my children will be carriers. I'm so happy they are coming out with more treatment options for the disease.

I missed the big opportunity with VRTX. Had it on my watch list starting last week, shoulda, coulda, woulda... For those of you that know more about it than I do...Do you see continued growth opportunity?

Imho, there's plenty of growth opportunity there. It's a lifelong drug and this drug only treats 50% of CF. I think they are developing another drug. I might get into this one.

Loaded up on IMGN at the close friday at $5.68 making my new cost basis $4.6 from $2.50.
Purely a technical play buying at a rising 50MA after this latest ~30% pullback.
Wanted to buy more after the last pullback but didn't have the balls. Been trying to press my winners more and cut losers quick.

redsox34 said:

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Loaded up on IMGN at the close friday at $5.68 making my new cost basis $4.6 from $2.50.
Purely a technical play buying at a rising 50MA after this latest ~30% pullback.
Wanted to buy more after the last pullback but didn't have the balls. Been trying to press my winners more and cut losers quick.

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IMGN +12% today on above average volume

FOLD also holding pretty strong after that secondary offering, up over a $1 from the offering price

aggiehunter3 said:

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aggiehunter3 said:

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$SGMO offering after the bell...tough

2 recent trades I made:
I bought $AXSM yesterday morning at the bell based on purely on tech analysis and got lucky. It ripped 23% over the last two days, so I decided to go ahead and take the quick gains. They have multiple drugs with phase 3 trials and data readouts expected this quarter, so should be pretty good R/R. They completed an offering in March, so I imagine they should have enough cash to finish the trials (have not looked into their burn rate).

I bought $GNCA this morning as it tested the 200 MA this morning and held. Stop loss set just below the 200 day.

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Update on the trades, as things are slow at work today and I'm mentally checked out.


$AXSM absolutely went beast mode after I sold reaching a high of $6.10. It's currently sitting slightly below the 200 day at $5.40. A bit more pullback and could be a good r/r entry into several expected data readouts.
Axsome pipeline

$GNCA has floated between the 200 day and $5.50 area since I bought. I'm still holding.
$GNCA Chart

I entered $rigl at $2.78 yesterday. Although it dipped below the 200 day, it recovered before close and is continuing to find some support at the 200 day.
$RIGL Chart

I continue to hold some $CBMX, a company that specializes in pre-implantation diagnostics and screening, prenatal and miscarriage analysis and pediatric development disorders, offering DNA testing for detecting genetic abnormalities. I originally bought at $3.15 based purely on technical analysis and continued to buy until my average was $4.2. I've sold along the way to lock in ~40% profit. As I've held, I began some fundamental analysis that has me more intrigued of the long term prospects. The company is projecting cash flow positive by q4 reducing the risk for additional equity offerings. Further, revenues and margins are significantly improving and the company is moving towards positive EPS.

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Update on the above stocks:

1. I was stopped out of rigl for a 5% loss

2. Gnca was not doing much and then yesterday posted positive phase 3 results. Stock hit an intraday high today of $6.77 or a 34% move over the last 2 days. I'm all out now.

3. Cbmx is up ~20% since last posted and I expect positive earnings early August. The stock has posted positive 20+ % moves after each of the last 2 quarters earnings. I'm still holding all.

4. I didn't post these trades because they were pure gambles but I scalped cnxr twice from .58-.64....3 days later it hits .97 ouch.

Here is a fun little biotech to watch -- $RGLS. They work with microRNAs. Recently had an offering and insiders (CEO, CRO, Director) bought up a bunch of shares ($1.8 million). May have hit a bottom here around $1. Have catalysts near the end of 2017, and a big gap to fill in the charts to about $2.25. This one could double by year's end.

Financial results come out 8/1... Should be interesting.

Good chance to get in igxt at a good price, maybe wait till early next week but anything in upper 70s or low 80s is a steal I think --- lots of catalysts coming now till end of year

What catalysts are you talking about? It's very difficult to find much on the web.

CYTR up big on partnership announcement

Aggzwin00 said:

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Good chance to get in igxt at a good price, maybe wait till early next week but anything in upper 70s or low 80s is a steal I think --- lots of catalysts coming now till end of year

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https://www.google.com/finance?q=igxt&ei=l017WfmqOIi2UZXmvOAM

this one?

So time to sell CYTR? This thing is up 45% today. Or is it going to keep running?

That's my dilemma as well. Going to see if there's a run up before close.

I've been in DVAX for a long (too long) time riding the ups and downs and Monday it's finally going to pay off. ADCOM approved their Hep-B vaccine and I've seen price targets as high as $45, up from $9.50 now. I've taken this one in the shorts for a while now, but it looks like it's going to pay off.

CYTR again today

ACRX having a nice little run-up ahead of their conference call tomorrow morning.

My CBMX hold paid off today...announced in AH they are being purchased in an all stock deal by Invitae Corporation

CBMX Buyout PR

Nice. Congrats.

Huge over reaction on ACRX after the call IMHO. Could be a good time to buy in a little cheaper. I just jumped in on some more at $3.25.

All out of IMGN. Took a small loser on my added position but still made money on the position as a whole. The amount of volatility the past couple weeks has been insane. May look for a re-entry if it continues to come down.