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I think this is the peak. News is enough to push it much higher. Similar news came out previously
May pop that 3.35 ceiling @ opening bell.
* * $VLRX Video Chart 05-18-18 * *
Link to Video - click here to watch the technical chart video
Squeezing.... in at 1.40
Last 2 days of higher volume with rebound from $1.50.
I think we test $2 next -
https://stocktradingmodel.wordpress.com/
Edited transcript of conference call - https://finance.yahoo.com/news/edited-transcript-vlrx-earnings-conference-215455137.html
Clinical benefit news of VLRX Wearable Insulin Delivery Device Sustained Over Time in Patients with Diabetes - https://globenewswire.com/news-release/2018/05/14/1501564/0/en/Valeritas-V-Go-Wearable-Insulin-Delivery-Device-Results-in-Clinical-Benefits-Sustained-Over-Time-in-Patients-with-Diabetes.html
"BRIDGEWATER, N.J., May 14, 2018 (GLOBE NEWSWIRE) -- Valeritas Holdings, Inc. (NASDAQ:VLRX), a medical technology company which offers patients with diabetes V-Go® Wearable Insulin Delivery device, a simple, affordable, all-in-one insulin delivery option that is worn like a patch and can eliminate the need for taking multiple daily shots, announced today the publication last week of a manuscript titled 'Clinical Benefits Over Time Associated with Use of V-Go Wearable Insulin Delivery Device in Adult Patients with Diabetes: a Retrospective Analysis' in Advances in Therapy, an international, peer-reviewed journal. The 14-month analysis showed that patients with diabetes benefited from significant and sustained reductions in A1C compared to baseline over time with V-Go use.
'Diabetes is a chronic progressive disease and managing multiple insulin injections can be a constant challenge for patients with diabetes when a basal-bolus insulin regimen is required to reach treatment goals,' said Dr. David Sutton, lead author and Co-Founder, Northeast Florida Endocrine and Diabetes Associates, LLC in Jacksonville, Florida, US. “We are encouraged to see the clinical benefits of V-Go are sustained over time.”
The current study demonstrated V-Go use was associated with improved A1C which was sustained for over a year in 103 patients with diabetes in a real-world setting. Reductions in A1C with V-Go ranged from 1.3 – 1.7% over the course of the study. At baseline, 33% of patients used two or more concomitant medications and, by 14 months this was reduced by more than half to 15% of patients. Therefore, the improvements in A1C seen in the study were not attributable to changes in concomitant non-insulin glucose lowering medications. Further, improvements in A1C were achieved using less insulin. Patients prescribed basal-bolus regimens with conventional insulin delivery at baseline observed a reduction in insulin of nearly 30% after switching to V-Go.
'V-Go provides patients a simpler and more convenient alternative to having to take multiple daily shots in order to deliver basal-bolus insulin and we are pleased to see additional evidence published supporting the benefits of V-Go for insulin delivery in patients with diabetes.' said John Timberlake, President and Chief Executive Officer of Valeritas."
https://stocktradingmodel.wordpress.com/
Here I thought your prediction was a stretch...ended up being conservative. After hours seems to show an open @ 3 or above very likely....
* * $VLRX Video Chart 04-23-18 * *
Link to Video - click here to watch the technical chart video
Hey clay can you do another video but this time with the resistance levels
$3.50 Monday and 4.00 by Wednesday—imo
* * $VLRX Video Chart 04-20-18 * *
Link to Video - click here to watch the technical chart video
* * $VLRX Video Chart 04-17-18 * *
Link to Video - click here to watch the technical chart video
Actually sold vtvt yesterday for a small gain. Not my week.
Unlucky buddy
Try some vtvt Maybe Could be a couple day Runner
Had bids yesterday. Missed buy a dime.
Good run today...
I have my own proprietary system if you'd like you can pay for my system it failed so I sold
VLRX moved to the Nasdaq from the OTC.:
http://otce.finra.org/DLAdditions
VLRX one for 8 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Considering that Michael Forster first took this Issuer public as Cleaner Yoga Mat Inc registered 1,000,004 shares to be free trading through the S-1 and subsequent 4.0486:1 forward split, the reverse split probably should have happened a long time ago.
Valeritas Holdings Inc never should have acquired a shell created by Michael Forster, and after they did they should have wiped him and his S-1 registered free trading stock out immediately after the acquisition closed.
But it looks like the reverse split is primarily to try to get the ticker uplisted to the NASDAQ.
Reverse split coming....did this really need that..??
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11928468
$VLRX has big potential with a low OS and very nice revenue.
Look for charts to turn even further bullish
$VLRX is a great company to go long on imo.
Very much under the radar
The OS from last 10q is still only 12mil
$VLRX $20,000,000 annual revenues Zachs research report says $12 per share!
http://s1.q4cdn.com/460208960/files/News/2016/November-23-2015_VLRX_Marckx.pdf?utm_content=buffer5cb76&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://twitter.com/fiercestocks/status/805777900708433923
CYGMD: effective May 27,2016 CYGMD will change to VLRX:
http://otce.finra.org/DLSymbolNameChanges
Cleaner Yoga Mat Inc. changed to Valeritas Holdings, Inc. and a 4.0483 for one forward split:
http://otce.finra.org/DLSymbolNameChanges
I am the first!
I'm all for cleaner yoga which is usually soooo dirty.
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