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Hello all. I am new to the board and actually bought DRRX years ago for its Posimir product. I use a lot of Exparel and was interested in an alternative. Exparel flat out works, but is spendy. $300 for 20mls. Enough to do one big case or 2 small ones. Basically, I use it 3 to 4 days a week. I am a little concerned with the drop when potentially good news is coming soon.
Maybe it is not considered a big enough market.
I give it a 50/50 chance with just a touch to the negative only because I am the internal pessimist till I see the positive occur. Get my drift.
I have been burned on a number of my stocks trying to get FDA approval because of politics from larger companies not wanting the FDA to approve that of a smaller company. We shall see if the FDA will slap the face of one of their past members.
Any thoughts about next week before 16th?
Looks like volatility will be going nuts up to and probably through 1/16/2020
I look at Tray Trader as a fraud that is only my opinion. He is out there just trying to sell himself. He is just driving around trying to sell cough medicine like in the olden days
Would like another analysis from Clay Trader for recent action. Maybe today?
Not much volume either
Here is the word of the day
Durect shares are trading lower. Not seeing any company-specific news to justify the price action.
Jan 9, 2020 2:43p ETBenzinga Stock Analysis
Benzinga /b]
* * $DRRX Video Chart 01-07-2020 * *
Link to Video - click here to watch the technical chart video
* * $DRRX Video Chart 01-03-2020 * *
Link to Video - click here to watch the technical chart video
I see this as a minor bump in the road. The true longs will see it as a hiccup.If Jan 16th goes south then and only then will I sweat a bit.
* * $DRRX Video Chart 01-02-2020 * *
Link to Video - click here to watch the technical chart video
As sad as it is to see missed money without setting a stop loss order, I'm still in the green. Crossing fingers for an amazing 2020. Happy New Year @turning stone!
I would expect starting tomorrow after all the little worry warts pull out with their losses that the share price will again start back up in anticipation of the big news coming around the 16th.
Let's hope for better news around the 16th.
MW Durect to discontinue development of psoriasis treatment after results from Phase 2a trial
I think the folks at DURECT have done everything they could do. The difficulty will be that the FDA is as corrupt as our slobs in Washington. This means if the industry makes the move with the FDA Durect will fail again. They would have to step on one of their previous employees and that would be hard for FDA to do. I give it a 60/40 chance they will approve.
What are your thoughts on POSIMIR? AdCom majority vote "yes"? Some holiday humor:
http://stocktwits.com/hmuney/message/188582985
ROUND AND ROUND DRRX GOES WHERE IT STOPS NOBODY KNOWS
DRRX another bio beast ready to blow up
3 Healthcare Stocks to Watch With Huge FDA Decisions in January.
$DRRX $AIMT $EPZM
https://www.transparenttradersblackbox.com/post/3-healthcare-stocks-to-watch-with-huge-fda-decisions-in-january-drrx-aimt-epzm
DRRX in play...bio fever continues!!!
Intraday dip in price to return to almost where it began.
Will be interesting to see if they try to push it down before news.
I expect they will try to push it down at some point, which is normal, but like you posted "how much rocket fuel does this baby have left?". And we are now at that time of year where price is going down due to tax end of year.
Bulls are in full control so far.
HOW MUCH ROCKET FUEL DOES THIS BABY HAVE LEFT? SOMEONE HAS REALLY LOADED HER UP BUT GOOD.
after a short day of trading and a large gain yesterday I expected a down day for DRRX. WHAT A SURPRISE. Let's hope it continues.
I call DRRX a crap shoot only because the FDA decision will weigh
very heavy on the up coming share price. I for one expect a favorable decision but the FDA is as bad as our current politicians and CAN BE INFLUENCED. We shall see. Let's all hope for the best.
Bumping this up. This is one bio not to be ignored.
"Getting in now is a crap shoot. They are suppose to release favorable news before month end and the big news will come Jan 16th or very shortly thereafter. I am in at the 50 cent 60 cent and 70 cent areas for over 100,000 shares. go to yahoo finance and read about the hedge funds starting to look at DRRX this is unexpected good news. So everything right now is looking up. Do your own due diligence on this stock and then make at least an educated guess. DO NOT THROW MORTGAGE OR FOOD MONEY EVER AT ANY STOCK.I play in the Pharm and Bio stocks and have taken both losses and gains. As I said on the top this is a crap shoot.
"
Nice coin in my pocket. Called this one nicely. And still have a nice position if it does continue. Locking in the green has never been a bad thing.
Took a few more off at 2.98 today myself. Keeping my freebies.
Hope everyone has a great Christmas! Or whatever holiday you celebrate!
* * $DRRX Video Chart 12-23-2019 * *
Link to Video - click here to watch the technical chart video
I'm out that was fun
Getting in now is a crap shoot. They are suppose to release favorable news before month end and the big news will come Jan 16th or very shortly thereafter. I am in at the 50 cent 60 cent and 70 cent areas for over 100,000 shares. go to yahoo finance and read about the hedge funds starting to look at DRRX this is unexpected good news. So everything right now is looking up. Do your own due diligence on this stock and then make at least an educated guess. DO NOT THROW MORTGAGE OR FOOD MONEY EVER AT ANY STOCK.I play in the Pharm and Bio stocks and have taken both losses and gains. As I said on the top this is a crap shoot.
GOOD LUCK TO ALL!!!!!!
In at $2.08. Was considering adding but really didn’t expect to move so fast.
I trust you have no B--_S. You got beat today. If you believe in this stock you will not day trade it.............
Nice close. Took a few off but still looking for this to continue. 3 white candles in a row very possible!
lmao, if this turns us all a nice dime we'll meet you there!
With the holidays over the next 2 weeks they can walk this in either direction easily imo. UP is what I want!!!
YOU. ME AND EVERY SHAREHOLDER GO DURECT
We are 8 cents away from the 2019 high share price. Hope we break it before years end.
Hey BooDog the party can be on my private island but the island is 100,000 miles from my home on the east coast and sorry but my wife won't allow me to pay every ones air fare.
Breaking through 2.46 sets a new 52 wk high. I call this Trip and Rip. Breaking resistance after a double top on the third attempt, which now we have. Over 2.46 and we're in breakout territory. Break through 2.55 and we're in blue sky territory.
Thinking someone's excited for early 2020.
If so, party will be at turning stone’s private island .
Potential breakout here.
Yes we did but there should be hopefully good news released by the end of the month and the end of the month is not far off and remember Jan. 16th is our "FDA" day and that too is not far away. I am the eternal optimist. With the number of shares I own I have to be.
Maybe. But didn’t we just do this a couple weeks ago?
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