Mirati Therapeutics Inc (MRTX)

[Klinsmann]

That´s exactly his standard - no need to comment. He knows everyone and everything and makes 50-100% every day - with triple zero pumps like SPCL lmao

MRTX looks very good today!!!

[instock58]

girlfriend......sub human POS LOL

[girlfriend]

SPCL….sub penny POS. LOL.

[instock58]

Girl: Why are you blasting me? I never posted any message to or about you. I was point out something to someone else.
You told me to grow up...you need to grow up and learn to read would help too.
BUY some SPCL you will do real well !!!

[girlfriend]

This is unfair. I am sure you have had bad trades yourself. Grow up.

[instock58]

MRTX / Klinsgirl: To bad you missed all that gain based on your messages you lost 10% ,,bummer, hate when that happens...

You might want to take someone's stock trading coarse and learn at least the basic before vomiting out meaningless words....Just a thought...knew you would enjoy

[Klinsmann]

Must admit that I´m out, expected a bid more. But has seen a nice 30% bounce

[lvhd]

Some nice volume today...

[saj]

Nice bounce today off the day lows

[Klinsmann]

Not much happened so far regarding the 2-3 months chart

[lvhd]

Yes, still holding...

[girlfriend]

Are you guys holding through earnings today after the close??

[lvhd]

Nice close...

[lvhd]

Yes, looking better!

[Klinsmann]

Nice developments - finally turning...

[swampboots]

Yes also in the hole.

[Klinsmann]

Difficult situation, but I don´t like to sell on the very low. Still powder to buy more, hope that loy 4,70 is going to hold

[lvhd]

New low, management doesn't care.

[Klinsmann]

Jep. And on holydays so just watched it dip more. 30% under water. But who knows what comes next...

[basketball14]

Lol ye right. Going to $3

[basketball14]

Will never recover

[lvhd]

Agreed saj!

[saj]

It looks that way long overdue for a bounce

[lvhd]

$6 coming....

[basketball14]

Yea right red in a few minutes

[Klinsmann]

Jep, overdue and expected. That´s all I´ve been trying to say, negative news brought this stock into trouble, all negatives posted here are already included in a stock pps down more than 70%. MRTX has potential for nice reversal...

[lvhd]

MRTX green!

[basketball14]

That's nothing, why are they not buying now!!

[benchman]

June 14th, 20,000 shares at $7.05 average.

[basketball14]

No insider buying

[swampboots]

I bought enough to match my stake based on the superficial knowledge that the price fall into the nines were over wrought
based on price decline reacting to the adverse side effects which were not lethal. Side effects always occur in these risky treatments for unmet treatments.

Ok now I am looking closer and notice treatment with Tyrosine kinase inhibitors "(TKIs) have been approved for the treatment of various cancers driven by kinase oncogenes such as EGF receptors, ALK, KIT and BCR-ABL1."

Yet all kinds of factors influencing the up take and the outcomes, and other drugs being tested by other drug Co.s to combine with use of the TKI's...
so years before final failure could be declared.

Bottom line: MRTX's TKI a work in progress platform is in its infancy
but there is scientific evidence of the general TKI effectiveness in some form, targeting some type of receptor, that has probable likelihoods of being represented in some final form, at some date, at some expense..

Some remarks about TKI's here:
http://www.nature.com/articles/srep29559

[Klinsmann]

But already baked in such a bad pps right now imo - don´t ya think? It´s so extremely oversold, nearly no signs of reversal for weeks now...

[swampboots]

Some fluff as I am really bluffed:


http://www.fiscalstandard.com/2016/07/14/broker-outlook-for-mirati-therapeutics-inc-mrtx/

http://www.themarketsdaily.com/analyst-actions/mirati-therapeutics-inc-nasdaqmrtx-upgrade-ratio-at-0/171757/

http://www.investornewswire.com/analyst-views/strong-sell-calls-for-mirati-therapeutics-inc-nasdaqmrtx-at-0/137883/

[Klinsmann]

Same here. Maybe time to add again. Was a bid suprised that 5,50 bottom didn't hold. But this ain't oneway down...

[lvhd]

Still holding! GL

[swampboots]

Yes the technical's with no positive notable DD support is painful.

[benchman]

The last insider buy was on June 14th. My understanding is that news cannot be released within 30 days of that date (the COO leaving doesn't count). I think today is day 30.

[benchman]

I added again, this time at $5.26.

[Klinsmann]

But seems like all Biotechs get slaughtered today

[Klinsmann]

Under 5,30 - wtf!!!

[lvhd]

This POS doesn't have power. Still holding.

[lvhd]

Volume and kaboom!

[Klinsmann]

First step is chartwise reversal (looking good so far).

Second would be updates to burn shorts and bring that oversold beauty to life again... IMO

[benchman]

A break of $5.70 would be bullish, IMO. I think we could see $6 on that kind of break.

[Klinsmann]

Right now, right here. Strong bottom around 5,50...

[benchman]

Yeah, I am with you there. I think if it can get over $5.70, that would be a sign that it is finally ready to rebound. Yesterday it hit $5.61, but then closed at $5.49. Today it hit $5.60, and is at $5.48 right now.

[toytundra]

I hope we don't see that low again, Thanks

[benchman]

I guess it depends on where your last purchase was. At this point I would not rule out a test of the 52-week low set yesterday at $5.22. If I was going to add again, I would do it down there. My last buy of MRTX was at $5.74.

[toytundra]

any suggestions where a good place to average down on MRTX would be?

[Klinsmann]

Bottom about to be building - nice reversal possible from here...