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Could this be the next IDXG SSH HTGM, who knows we'll find out in a couple of weeks
Thanks...will take a look.
Murocman
They just released news this morning. Data actually looked good. Came across my E*TRADE. It's on IHub also.
And what report would that be. If you look waaaay back to the beginning of Feb and take a look at the chart, you'll notice the stock was at $4. Then came this event called a data release and their trial was a FAILURE! My only question was what makes anyone think that anything has changed to have any hope of the stock ever getting back to that level let alone warranting the current valuation, because I don't see it.
Good luck
Tanked? Bought just over a dollar. Your confused and don't know how to read a report. Get lost
Thanks! Appreciate it.
There trial failed and the stock tanked. What is new that makes this a compelling investment?
Murocman
Good Q4 results and Conference Call today 3/16.
http://www.marketwatch.com/story/catabasis-pharmaceuticals-reports-fourth-quarter-and-full-year-2016-financial-results-and-recent-corporate-highlights-2017-03-16
CATB is a good DMD stock.
$$$$$$ CATB $$$$$$$$$
What was news anybody? Can't bring it up for some reason
Today looks like a nice little cup and handle.
Here we go! Let's move this bad boy back up!
Bids moving up and some slappage starting in here in the AH. Hmmmm....
Could be. Seeing lots of AH activity this evening in the biotechs...CATB included.
Think more though it might be due to their ER. Isn't that scheduled for tomorrow?
Volume and price spike today coinciding with the Oppenheimer presentation. Wonder what they said?
Murocman
Ran to $1.85 and then right back down...
CATB $1.76 here she goes
Nope...they made out just fine.
I just realized...
...that with Sarepeta's sale of their non-core asset for $125m...they now have enough to outright buy both Summit and Catabasis outright (the 2 companies they have been working with)...not to mention EASILY buying CATB by itself...so whether it is some good news from something they have collectively done together OR some type of buyout...I'd be happy at these prices either way (especially considering both options are on the table)...and this would explain the recent secret and heavy accumulation out or NOWHERE on NO NEWS
Yep...I almost bought in Friday on the retrace to $2.00 lol. Many big bagholders now.
Wow, glad I just decided to watch this one
Seriously doubt the O/S is that low. It traded more than 3 times that number and only finished up about 60%. You would expect to see a several hundred percent gain with that kind of volume to O/S ratio.
But, The gap above needs to fill first...
Sure will be interesting with the eyes that got pulled this way today. Hope the week treated you well. Til Monday then!!
$CATB
Monday looks good here
Damn...all this volume and this is how we end the day? If nothing else, maybe the volume helped generate cash too add next week's ER (cash and cash equivalents)...not sure about how they might account for that.
Oh well. Holding. ER next week...and obv Cowen&Company liked what they heard.
* * $CATB Video Chart 03-10-17 * *
Link to Video - click here to watch the technical chart video
===3/16/2017:CATB Q4 and its DMD business PLANS===
http://www.marketwatch.com/story/catabasis-pharmaceuticals-to-report-fourth-quarter-and-full-year-2016-financial-results-and-recent-corporate-developments-on-thursday-march-16-2017-03-02
========= Go CATB ======
Listened to the CATB presentation here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129377819
CATB= UP BIG because CATB is a Hot DMD stock.
Buy CATB. GET IN. DON'T BE LEFT BEHIND!!!
$$$$$$$ Go CATB $$$$$$$$$$$$
Or short covering..
Looks that way...there was massive buying above $2.20. A ton of people losing their ass on this one.
Wow...there was a 78,000 share bid in the $2.30's and now this is back to $2.00 range??
CATB o/s= ONLY 19ml shares. and this is good because the smaller o/s, the better. The smaller o/s, the HIGHER the price per share.
When CATB= $10. per share, its market cap is ONLY $190ml.
Link:CATB= HOT DMD stock.
1)CATB= UP BIG because CATB is a Hot DMD stock.
2)
Listened to the CATB presentation. Promising outlook and slides at Cowen and Company’s 37th Annual Health Care Conference.
http://ir.catabasis.com/phoenix.zhtml?c=251269&p=irol-EventDetails&EventId=5250554
3)
CATB= UP BIG because CATB is a Hot DMD stock.
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