MacroGenics Inc. (MGNX)

[Frankestin]

Dec. 31 2024 -0.44 -0.25 Beat

[Frankestin]

Cash $ 202 M 31/12
https://ir.macrogenics.com/static-files/13a81fc5-05bf-457d-81b6-e5f7fe3ac290

[Monksdream]

MGNX 10 Q due MONDAY 3/3

[Monksdream]

MGNX, 10Q due Monday 2/24

[jgrabar]

Attention Macrogenics, Inc. (MGNX) Shareholders: Grabar Law Office Investigates Potential Claims on Your Behalf
MGNX | 3 days ago
Philadelphia, Pennsylvania--(Newsfile Corp. - November 7, 2024) - Grabar Law Office is actively investigating claims on behalf of MacroGenics, Inc. (NASDAQ: MGNX) shareholders. If you have continuously held MacroGenics stock since before March 7, 2024, you may be entitled to seek corporate reforms, the return of funds to the company, and potentially receive a court-approved incentive award-all at no cost to you. Visit https://grabarlaw.com/the-latest/macrogenics-shareholder-investigation/ or email [e-mail].

[Monksdream]

MGNX new 52 week low

[Monksdream]

MGNX new 52 week low

[Money Management]

Lucy runs

[Dubster watching]

Blessings sir!

[Tom turtles]

Well, I never got in. Thought it might of seen upper twos today. Watched it go up 30% though. Got in AMC for some reason. Glad someone made some money here.

[Dubster watching]

I thought I was going to take a loss on my bottom feeding expedition, but instead I am thankful that He blesses me!

[Dubster watching]

Bingo

[Dubster watching]

Finally sold some greened up.
I wait until the issues aren’t deaths

[Tom turtles]

$2.50 Monday ?

[Dubster watching]

These guys are getting hammered! 75%

[Dubster watching]

Down 75% this should be wild today!

[Dubster watching]

Took a starter, gotta gave a bounce here.

[Dubster watching]

Interesting drop today.
Hunting

[stocksrising]

I’m with ya on entry..planning on a $3ish handle which equals cash on balance sheet( ~ $185mm ish)…. Will do starter in low $4’s(minor $$, then DCA if $3’s ( much more $) …back up truck if deaths not related to clinical’s after internal investigation)

[Tom turtles]

Well, 5 fatalities ready didn't help...geez...Looking for entry

[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!