MacroGenics Inc. (MGNX)

[Monksdream]

MGNX new 52 week high

[Monksdream]

MGNX new 52 week high

[Monksdream]

MGNX new 52 week high
K

[Monksdream]

MGNX new 52 week high

[Monksdream]

MGNX

[Monksdream]

MGNX new 52 week high

[Monksdream]

MGNX new 52 week high

[ipo_dude]

Lets do this . Can it keep going

[MiamiGent]

MGNX $10.71 +1.48 (+16.03%)
Nice steady climb, as shorts writhe and wail

[MiamiGent]

MGNX I'm going with this
$10.50 +1.27 (+13.76%)
It's a bit of a bail, as I have other work to catch up on
Squeeze of 13% short, on a Citi upgrade to $13

Could turn into a several days hold, for incremental gains. Maybe 5% more today??

https://stockcharts.com/h-sc/ui?s=MGNX

Citigroup Upgrades Macrogenics to Buy, Raises Price Target to $13
BENZINGA 4:20 AM ET Dec-20-2023

Citigroup analyst Yigal Nochomovitz upgrades Macrogenics (MGNX.NaE) from Neutral to Buy and raises the price target from $7 to $13.


Company Profile
SectorHealth CareOpens in a new window
IndustryBiotechnologyOpens in a new window
Company LocationRockville, MD
MacroGenics, Inc., a biopharmaceutical company, develops and commercializes antibody-based therapeutics to treat cancer in the United States. Its approved product is MARGENZA (margetuximab-cmkb), a human epidermal growth factor receptor 2 (HER2) receptor antagonist indicated, in combination with chemotherapy, for the treatment of adult patients with metastatic HER2-positive breast cancer who have received two or more prior anti-HER2 regimens. The company's pipeline of immuno-oncology product candidates includes MGC018, an antibody drug conjugate (ADC), which targets solid tumors expressing B7-H3; Enoblituzumab, a monoclonal antibody that targets B7-H3; and MGD024, an investigational bispecific CD123 x CD3 DART molecule to minimize cytokine-release syndrome for patients with hematologic malignancies. In addition, i

[ipo_dude]

👀

[ipo_dude]

Shes ready to pop above $10

[XenaLives]

Historic short interest:

You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest

Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch

             Settlement Date/Short Interest/Percent Change/           
              Average Daily Share Volume/Days to Cover  
  
 01/13/2023	4,373,837	5.28	  507,089	8.63 
 12/30/2022	4,154,346	7.91	  575,736	7.22 
 12/15/2022	3,849,672	(5.66)	  633,050	6.08 
 11/30/2022	4,080,607	(4.36)	1,384,683	2.95 
 11/15/2022	4,266,434	(15.78)	1,093,099	3.90 
 10/31/2022	5,065,570	2.50	1,487,531	3.41 
 10/14/2022	4,942,015	(0.29)	  379,450	13.02 
 09/30/2022	4,956,490	1.85	  563,681	8.79 
 09/15/2022	4,866,500	(0.81)	  635,807	7.65 
 08/31/2022	4,905,995	(13.08)	  631,036	7.77 
 08/15/2022	5,644,366	(0.09)	  971,172	5.81 
 07/29/2022	5,649,639	(17.42)	1,065,799	5.30 
 07/15/2022	6,841,233	(10.73)	1,407,012	4.86 
 06/30/2022	7,663,135	(0.99)	2,692,200	2.85 
 06/15/2022	7,739,527	27.13	1,239,553	6.24 
 05/31/2022	6,088,004	8.28	  827,523	7.36 
 05/13/2022	5,622,390	10.78	1,337,461	4.20 
 04/29/2022	5,075,315	3.20	  453,486	11.19 
 04/14/2022	4,917,910	(4.48)	  509,771	9.65 
 03/31/2022	5,148,635	3.46	  522,723	9.85 
 03/15/2022	4,976,392	36.20	  868,105	5.73 
 02/28/2022	3,653,830	4.57	  898,618	4.07 
 02/15/2022	3,494,052	19.83	  571,075	6.12 
 01/31/2022	2,915,828	7.17	  457,915	6.37 
  

[XenaLives]

So what exactly did MGNX do to this diabetes drug?

MacroGenics to get $60M milestone from Provention as FDA approves diabetes drug Tzield

More homework:
https://patents.justia.com/assignee/macrogenics-inc

[XenaLives]

Looking at MGNX because the chart is intriguing..

VBP is consolidating nicely...

[XenaLives]

Now I need to figure out what DART and TRIDENT are...

Nov 17, 2022
MacroGenics Earns $60 Million Milestone with U.S. FDA Approval of Teplizumab
ROCKVILLE, MD, Nov. 17, 2022 (GLOBE NEWSWIRE) --

MacroGenics, Inc. (NASDAQ: MGNX), a biopharmaceutical company focused on developing and commercializing innovative antibody-based therapeutics for the treatment of cancer, today reported that the U.S. Food and Drug Administration announced the approval of the Biologics License Application (BLA) for teplizumab, an anti-CD3 monoclonal antibody that was previously developed by MacroGenics. Teplizumab was acquired by Provention Bio, Inc. in May 2018 pursuant to an asset purchase agreement.

“We are very pleased to see the culmination of years of effort by Provention, MacroGenics, and tireless champions in academia and government, with the achievement of the approval of teplizumab,” said Scott Koenig, M.D., Ph.D., President and CEO of MacroGenics. “We applaud this outcome, which represents an advancement for individuals and their families dealing with the risks and consequences of type 1 diabetes.”

Under the agreement, Provention is obligated to pay MacroGenics contingent milestone payments totaling $170 million upon the achievement of certain regulatory approval milestones, including $60 million for the approval of a BLA for a first indication in the United States. In addition, Provention is obligated to make contingent milestone payments to MacroGenics totaling $225 million upon the achievement of certain sales milestones as well as a single-digit royalty on net sales of the product.

Based on MacroGenics’ cash, cash equivalents and marketable securities balance as of September 30, 2022, plus projected and anticipated payments from partners, including timely receipt of the milestone payment from Provention, MacroGenics currently anticipates having a cash runway into late 2024.

http://ir.macrogenics.com/news-releases/news-release-details/macrogenics-and-zai-lab-enter-broad-strategic-collaboration

[XenaLives]

Nov 17, 2022
MacroGenics Earns $60 Million Milestone with U.S. FDA Approval of Teplizumab
ROCKVILLE, MD, Nov. 17, 2022 (GLOBE NEWSWIRE) --

MacroGenics, Inc. (NASDAQ: MGNX), a biopharmaceutical company focused on developing and commercializing innovative antibody-based therapeutics for the treatment of cancer, today reported that the U.S. Food and Drug Administration announced the approval of the Biologics License Application (BLA) for teplizumab, an anti-CD3 monoclonal antibody that was previously developed by MacroGenics. Teplizumab was acquired by Provention Bio, Inc. in May 2018 pursuant to an asset purchase agreement.

“We are very pleased to see the culmination of years of effort by Provention, MacroGenics, and tireless champions in academia and government, with the achievement of the approval of teplizumab,” said Scott Koenig, M.D., Ph.D., President and CEO of MacroGenics. “We applaud this outcome, which represents an advancement for individuals and their families dealing with the risks and consequences of type 1 diabetes.”

Under the agreement, Provention is obligated to pay MacroGenics contingent milestone payments totaling $170 million upon the achievement of certain regulatory approval milestones, including $60 million for the approval of a BLA for a first indication in the United States. In addition, Provention is obligated to make contingent milestone payments to MacroGenics totaling $225 million upon the achievement of certain sales milestones as well as a single-digit royalty on net sales of the product.

Based on MacroGenics’ cash, cash equivalents and marketable securities balance as of September 30, 2022, plus projected and anticipated payments from partners, including timely receipt of the milestone payment from Provention, MacroGenics currently anticipates having a cash runway into late 2024.

https://www.globenewswire.com/news-release/2022/11/17/2558767/0/en/MacroGenics-Earns-60-Million-Milestone-with-U-S-FDA-Approval-of-Teplizumab.html

[makinezmoney]

$MGNX: What did I tell ya........ hit $4.15 !!!!!!!!!


MUAHHHHhhhhhhhhhh ha ha ha ha ha haaaaaaaaaAAAAAAAAAAAAAA



LOVE IT when a plan comes together like that


Looking for more winners............ stand by


GO $MGNX

[makinezmoney]

$MGNX: Perfeccccccttttttttt Cup & Handle here at 3.50


Added 10k shares here


Get to $4 !!!!!!!!


GOO $MGNX

[ipo_dude]

Where do we go from here?

[Now516]

FDA approval: https://www.macrogenics.com/news/macrogenics-announces-fda-approval-of-margenza-for-patients-with-pretreated-metastatic-her2-positive-breast-cancer/

[Glider549]

https://biopharmcatalyst.us13.list-manage.com/track/click?u=ce642b003b32103d28995373d&id=a988dba9aa&e=d1924831d6

[rsconcept]

SCAM ALERT, be careful the SEC must be looking at it as we speak.
This is a $13-$16 stock at best.

[rsconcept]

https://newsnation1.com/macrogenics-inc-mgnx-scam-news/

[ClayTrader]

* * $MGNX Video Chart 05-11-2020 * *

Link to Video - click here to watch the technical chart video

[Hercules1]

$MGNX:

Nice to see shorts getting killed here.

Go ahead short some more you cowards.

[ClayTrader]

* * $MGNX Video Chart 05-07-2020 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

+$$$ MGNX

Successful lifestyle enhancement trading.....

[ClayTrader]

* * $MGNX Video Chart 05-06-2020 * *

Link to Video - click here to watch the technical chart video

[rsconcept]

great, lets short it again!

[crudeoil24]

Investors are forward looking, especially into company pipeline.

[PAC]

What i say? Retest after shakeout 19s

[crudeoil24]

We all ran with this from earlier today. Shorts will have their cluster rama rally now. GLTY.

[godofthestock]

TIMBER!!!!!!!


IMO

[godofthestock]

This is going to be great IMO

[crudeoil24]

No macaroni >

[godofthestock]

Bio-Tech company?

[crudeoil24]

Massive pipeline of FDA clinical trials.

[crudeoil24]

Macrogenics Price Target Raised to $22.00/Share From $18.00 by HC Wainwright

[godofthestock]

No Idea what this company even does just saw that it was up 200%+ today and I shorted and IMO looking good

[PAC]

I say it ramps 22.60, to retest 27s at least

[PAC]

What u think, retest highs? Often yes... But candles and MAs say otherwise

[PAC]

Broke even 22s. Looking to reshort 23++

[Actualfactual]

I truly hope no one bought too high and may possibly lose alot on this thing..

[rsconcept]

TIME TO SHORT PEOPLE

[rsconcept]

THIS STOCK GOT DOWNGRADED FROM $17 TO $13, ITS GOING DOWN!!!

[Actualfactual]

I’ve covered and rebought several times. Down 20k at that $27. But, it’s retrace is $15ish so I have no fears. Short at 26..

[stock1ace1]

Shorting now!

[PAC]

Man avg 22. Not much basing... so we shall see

[Actualfactual]

Same here. Down a ton currently. But nothing goes straight up in the stock world without coming straight back down. I can wait..