CYTK

Cytokinetics, Inc.

NASDAQ

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CYTK

Cytokinetics, Inc.

NASDAQ

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Monksdream PremiumMember

01/06/24 3:21 PM

Post #1,569

CYTK new 52 week high

Cosa

12/14/22 1:33 PM

Post #1,568

Re: #1,566: @Cosa - Sorry to anyone holding here. I hope

Wow never seen a stock move up from negative FDA adcomm. That's hilarious.

H2R

12/14/22 10:01 AM

Post #1,567

Sold at $41.

The AdCom votes were not in CYTK's favor.
What is weird is the target prices from Oppenheimer ($55) and JPM ($71).

Anyways, I may still keep a eye on CYTK from time to time, but for now, I'm out.

Best of luck with your investments!

Cosa

12/13/22 10:54 PM

Post #1,566

Sorry to anyone holding here. I hope you can find another trade/investment to make up for it.

H2R

12/13/22 6:29 PM

Post #1,565

AdCom: 8 to 3 against!

SOUTH SAN FRANCISCO, Calif., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that the U.S. Food & Drug Administration (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) voted 8 to 3 that the benefits of omecamtiv mecarbil do not outweigh its risks for the treatment of heart failure with reduced ejection fraction (HFrEF).

“We are disappointed there was not a greater consensus amongst Committee members relating to the benefit-risk of omecamtiv mecarbil, and we maintain our conviction in the strength of evidence supporting its potential benefit for patients suffering from HFrEF,” said Robert I. Blum, Cytokinetics’ President and Chief Executive Officer. “We continue to believe omecamtiv mecarbil can be a valuable add-on therapy for patients with worsening heart failure who remain at high risk for heart failure events and hospitalization despite treatment with available guideline-directed medical therapy. We plan to engage constructively with FDA as it completes its review of the application for omecamtiv mecarbil.”

Omecamtiv mecarbil is an investigational, selective, small molecule cardiac myosin activator. If approved by the FDA, omecamtiv mecarbil will become the first therapy indicated for HFrEF that directly targets the mechanisms of the heart responsible for contraction – or its pumping function.

Best of luck with your investments!

H2R

12/13/22 1:40 PM

Post #1,564

Trading halted today

FDA Advisory Committee to Review the New Drug Application for Omecamtiv Mecarbil for the Treatment of Heart Failure with Reduced Ejection Fraction

SOUTH SAN FRANCISCO, Calif., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that Nasdaq has halted the trading of the Company’s common stock. The U.S. Food & Drug Administration (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) is meeting today to review the New Drug Application (NDA) for omecamtiv mecarbil, an investigational selective, small molecule cardiac myosin activator for the treatment of heart failure with reduced ejection fraction (HFrEF).

The advisory committee meeting, which is being held virtually, is scheduled to begin at 9:00 AM ET today. Briefing materials and webcast information for the meeting can be accessed at https://www.fda.gov/advisory-committees/advisory-committee-calendar/december-13-2022-cardiovascular-and-renal-drugs-advisory-committee-meeting-announcement-12132022. The Company is not responsible for the content of, nor the statements made in, the briefing materials that were prepared by the FDA.

The NDA for omecamtiv mecarbil is based on the results from GALACTIC-HF (Global Approach to Lowering Adverse Cardiac Outcomes Through Improving Contractility in Heart Failure), the Phase 3 clinical trial of omecamtiv mecarbil. The Prescription Drug User Fee Act (PDUFA) target action date for the NDA is February 28, 2023.

https://ir.cytokinetics.com/news-releases/news-release-details/cytokinetics-stock-trading-halted-today

H2R

12/12/22 10:51 AM

Post #1,563

AdCom Tomorrow.

Should be interesting. Lots of chatter about some 'FDA concerns'. That sounds like soft bashing, as the FDA is not going to give *any* info on CYTK, even less so before an AdCom. That's not how the FDA works.

The first step is the AdCom votes. Let's see where that lands.

Best of luck with your investments!

Bullish

H2R

12/09/22 5:11 PM

Post #1,562

Dec. 13th AdCom Docs

https://www.fda.gov/advisory-committees/advisory-committee-calendar/december-13-2022-cardiovascular-and-renal-drugs-advisory-committee-meeting-announcement-12132022

Tuesday should be 'interesting'.

Best of luck with your investments!

Bullish

H2R

11/28/22 10:49 AM

Post #1,561

Re: #1,557: @H2R - December 13, 2022 as AdCom Date for Omecamtiv

AdCom in 2 weeks, Dec. 13th.
Should be interesting, maybe not as big a mover as a PDUFA, but a good indication. Depending on the votes, I may buy or sell 'some' shares.

Best of luck with your investments!

Bullish

jimmy667

11/11/22 12:58 AM

Post #1,560

Re: #1,557: @H2R - December 13, 2022 as AdCom Date for Omecamtiv

All the stock of this company is owned by Institutions 113% 13.83 % short. Short sellers are betting against the super well funded uber diamond hands. Supply demand will go asymmetrical approaching the vertical. I am glad you are here. Not a lot of retail to post when the big boys own all of the shares and hold all of the shorted shares long. How will short sellers cover if Institutions Diamond Hand. (Which is what they ALWAYS DO!)

H2R

10/25/22 11:00 AM

Post #1,559

SA Article

CM in Q4 of 2022. With proof of concept established with omecamtiv mecarbil for heart failure, plus several catalysts expected within a year, these are the reasons why I believe that Cytokinetics is a great speculative biotech play to look into.

Omecamtiv Mecarbil Holds Great Potential With A Few Catalysts
The main drug in the pipeline for Cytokinetics would be omecamtiv mecarbil. That's because not only has it established proof of concept by meeting the primary composite endpoint for the phase 3 GALACTIC-HF study, but it now has two catalysts on the way which traders/investors can focus on. Before going over these catalysts though, it's important to highlight why the biotech was able to move on to file a New Drug Application (NDA) to the FDA. The reason again is because of the impressive results it was able to obtain from the late-stage GALACTIC-HF study. There was a total of 8,256 patients who were recruited that were at risk of hospitalization or death, despite still receiving ongoing standard of care (SOC) therapy. It was noted that omecamtiv mecarbil met on the primary composite endpoint compared to placebo. That is, treatment with Omecamtiv mecarbil reduced the risk of cardiovascular death or heart failure events compared to placebo (patients who received standard of care). With this primary composite endpoint being met, it now provides Cytokinetics the avenue to move towards possible FDA approval. It has already met with the FDA and because additional data was sent to the agency, it needed additional time to review it. Thus, one major catalyst which investors can look forward to would be the PDUFA date established for omecamtiv mecarbil for the treatment of heart failure patients, which is set for February 28, 2023. That's not the only catalyst which investors have to look forward to either. Before this FDA final decision for omecamtiv, the FDA advisory panel committee is going to review the drug first on December 13, 2022. If the advisory committee review goes well, plus the FDA chooses to ultimately approve it for marketing of this heart failure indication, then the expected launch would happen in Q1 of 2023.

H2R

10/25/22 11:00 AM

Post #1,558

H2R

10/17/22 9:15 PM

Post #1,557

December 13, 2022 as AdCom Date for Omecamtiv Mecarbil,
(from StreetInsider)
PDUFA of February 28, 2023

Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that the U.S. Food and Drug Administration (FDA) has informed the company that the previously announced meeting of the Cardiovascular and Renal Drugs Advisory Committee to review the New Drug Application for omecamtiv mecarbil is currently scheduled for December 13, 2022. The FDA has assigned the NDA a Prescription Drug User Fee Act (PDUFA) target action date of February 28, 2023. Omecamtiv mecarbil is an investigational, selective, small molecule cardiac myosin activator for the treatment of heart failure with reduced ejection fraction (HFrEF).

The Dec 13 AdCom should give a good indication as to the true potential for approval by the FDA on or before Feb. 28th for omecamtiv mecarbil.

Getting close to some resolution, hopefully a positive one.

Best of luck with your investments!

H2R

10/10/22 3:13 PM

Post #1,556

Re: #1,555: @H2R - Continuation of COURAGE-ALS Following First Interim Analysis

SA article / Ph III ALS - DMC recommended Continuation

Same news packaged in a different way on SA:

Cytokinetics (NASDAQ:CYTK) said a data monitoring committee (DMC) recommended the continuation of a phase 3 trial of reldesemtiv to treat amyotrophic lateral sclerosis (ALS), after reviewing unblinded data.

The DMC had assemble to conduct the first planned interim analysis of the ongoing phase 3 study, dubbed COURAGE-ALS, which assessed for the potential of futility.

The first interim analysis was done 12 weeks after about one-third or more of the intended number of patients were randomized to participate in the study.

The study is expected to enroll ~555 patients with ALS who will receive either 300 mg of reldesemtiv or matching placebo dosed orally twice daily for 24 weeks, followed by a 24-week period in which all patients will receive 300 mg of reldesemtiv twice daily.

The main efficacy goal is change from baseline to 24 weeks in the ALS Functional Rating Scale – Revised (ALSFRS-R).

ALS is a progressive nervous system disorder affecting nerve cells in the brain and spinal cord, leading to loss of muscle control.

https://seekingalpha.com/news/3889962-cytokinetics-gets-monitoring-panels-nod-to-continue-phase-3-trial-of-als-drug-reldesemtiv

H2R

10/10/22 12:58 PM

Post #1,555

Continuation of COURAGE-ALS Following First Interim Analysis

October 10 2022 - 07:30AM
GlobeNewswire Inc.

Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that the Data Monitoring Committee (DMC) for COURAGE-ALS (Clinical Outcomes Using Reldesemtiv on ALSFRS-R in a Global Evaluation in ALS), recently convened to conduct the first planned interim analysis of this ongoing Phase 3 clinical trial which assessed for the potential of futility. The DMC reviewed unblinded data from COURAGE-ALS and recommended that conduct of the clinical trial of reldesemtiv continue. Reldesemtiv is a fast skeletal muscle troponin activator (FSTA) in clinical development for the potential treatment of amyotrophic lateral sclerosis (ALS).

The first interim analysis was triggered 12 weeks after approximately one-third or more of the intended number of patients were randomized to participate in COURAGE-ALS.

A second interim analysis, which is anticipated to occur in the first half of next year, will also assess for potential futility and will also allow for a fixed increase in total enrollment, if deemed necessary, to augment the statistical power of the trial.

Best of luck with your investments!

H2R

08/02/22 9:10 PM

Post #1,554

Re: #1,553: @H2R - Aug 4th is the Earnings Call for CYTK!

From $32 to $42 in 6 months. Not too shabby!!!

H2R

08/02/22 9:10 PM

Post #1,553

Re: #1,552: @H2R - NJ Common Pension Fund D Acquires 6,275 Shares

Aug 4th is the Earnings Call for CYTK!

H2R

08/02/22 9:09 PM

Post #1,552

NJ Common Pension Fund D Acquires 6,275 Shares of Cytokinetics

State of New Jersey Common Pension Fund D grew its position in Cytokinetics, Incorporated (NASDAQ:CYTK – Get Rating) by 9.1% during the first quarter, HoldingsChannel.com reports. The fund owned 75,013 shares of the biopharmaceutical company’s stock after acquiring an additional 6,275 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Cytokinetics were worth $2,761,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CYTK. Assenagon Asset Management S.A. boosted its holdings in Cytokinetics by 3,287.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,489,952 shares of the biopharmaceutical company’s stock valued at $54,845,000 after acquiring an additional 1,445,969 shares during the period. Invesco Ltd. lifted its holdings in shares of Cytokinetics by 77.9% in the 4th quarter. Invesco Ltd. now owns 759,669 shares of the biopharmaceutical company’s stock worth $34,625,000 after buying an additional 332,610 shares during the period. Lisanti Capital Growth LLC bought a new position in shares of Cytokinetics in the 4th quarter worth $9,976,000. Allspring Global Investments Holdings LLC acquired a new position in Cytokinetics during the 4th quarter valued at about $9,951,000. Finally, Pictet Asset Management SA increased its position in Cytokinetics by 9.0% during the 4th quarter. Pictet Asset Management SA now owns 2,604,797 shares of the biopharmaceutical company’s stock valued at $118,727,000 after buying an additional 214,005 shares in the last quarter.

Best of luck with your investments!

H2R

06/25/22 11:55 PM

Post #1,551

AdCom scheduled for December 13, 2022.

Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that the U.S. Food and Drug Administration (FDA) has informed the company that the previously announced meeting of the Cardiovascular and Renal Drugs Advisory Committee to review the New Drug Application for omecamtiv mecarbil is currently scheduled for December 13, 2022. The FDA has assigned the NDA a Prescription Drug User Fee Act (PDUFA) target action date of February 28, 2023. Omecamtiv mecarbil is an investigational, selective, small molecule cardiac myosin activator for the treatment of heart failure with reduced ejection fraction (HFrEF).

https://ir.cytokinetics.com/news-releases/news-release-details/cytokinetics-announces-date-fda-advisory-committee-meeting

Best of luck with your investments.

H2R

06/17/22 7:42 AM

Post #1,550

PDUFA now Feb. 28, 2023

(Nasdaq: CYTK) today announced that, in response to a request from the U.S. Food and Drug Administration (FDA), the company recently provided additional pharmacokinetic analyses of omecamtiv mecarbil related to the company’s new drug application (NDA). After an initial review of the company’s submission, FDA has communicated that the additional data provided constitutes a major amendment to the NDA and has extended the PDUFA date by three months to February 28, 2023 to provide time for a full review of the submission.

Best of luck with your investments!

H2R

05/23/22 2:48 PM

Post #1,549

omecamtiv mecarbil growing body of evidence

Cytokinetics Reports Positive Data From Trials of Aficamten, Omecamtiv Mecarbil
BY MT Newswires
— 12:27 PM ET 05/23/2022
12:27 PM EDT, 05/23/2022 (MT Newswires) -- Cytokinetics (CYTK) reported positive data Monday regarding investigational drugs aficamten and omecamtiv mecarbil.

The biopharmaceutical company said that aficamten, which is currently being studied in a phase 2 clinical trial, showed sustained and substantial reductions in left ventricular outflow tract gradients, as well as improvements in functional class and symptoms. It also said overall safety and tolerability were favorable.

The company said that data from a phase 3 trial of omecamtiv mecarbil to treat heart failure with reduced ejection fraction was greater than in the overall population, and that blood pressure was not adversely affected with safety similar to placebo.

Cytokinetics (CYTK) said the findings "add to the growing body of evidence demonstrating that patients with clinical features suggestive of high-risk heart failure respond favorably to omecamtiv mecarbil.

Best of luck with your investments!

H2R

05/17/22 8:44 AM

Post #1,548

AdCom later this year. PDUFA maintained Nov. 30, 2022

[CYTK] was informed that the Agency plans to convene an Advisory Committee meeting for the New Drug Application (NDA) for omecamtiv mecarbil. Cytokinetics expects the FDA to inform it of the date and topics for the Advisory Committee Meeting in a subsequent communication. A late-cycle communication meeting has been proposed to occur later this year.

Omecamtiv mecarbil is an investigational, selective, small molecule cardiac myosin activator for the treatment of heart failure with reduced ejection fraction (HFrEF).

The FDA has assigned the NDA a standard review with a Prescription Drug User Fee Act (PDUFA) target action date of November 30, 2022.

Best of luck with your investments!

H2R

04/29/22 4:34 PM

Post #1,547

Oppenheimer :Price Target to $57 From $53, Maintains Outperform Rating
HC Wainwright: Price Target to $75 from $69, Keeps Buy Rating
And the PPS goes up 11.5%

Could be in anticipation of the upcoming Q1 call on May 4th.

Best of luck with your investments!

H2R

04/07/22 6:39 AM

Post #1,546

Pipeline March 22

H2R

02/04/22 10:38 AM

Post #1,545

Re: #1,544: @H2R - CYTK: FDA accepts NDA application for OMECAMTIV MECARBIL

(PDUFA) target action date of November 30, 2022

https://ir.cytokinetics.com/news-releases/news-release-details/cytokinetics-announces-fda-acceptance-new-drug-application

Cheers!

H2R

02/04/22 10:37 AM

Post #1,544

CYTK: FDA accepts NDA application for OMECAMTIV MECARBIL

Phase 3 cardiovascular outcomes clinical trial of omecamtiv mecarbil that enrolled over 8,000 patients in 35 countries across 945 sites.

https://ir.cytokinetics.com/news-releases/news-release-details/cytokinetics-announces-fda-acceptance-new-drug-application

I just started a super small position again (after the big ALS burn), given the NDA acceptance. I had stopped looking at CYTK, it may be time to start looking at it again around heart failure with reduced ejection fraction.

I'll need to look at CYTK again with new eyes. Not sure how much time I'll devote to it though.

Best of luck with your investments!

Whalatane

12/22/21 12:24 PM

Post #1,543

Re: #1,541: @rosemountbomber - Well I have some of all the ones

CYTK. New high
Happy holidays
Kiwi

MiamiGent

12/07/21 12:02 PM

Post #1,542

CYTK Back in. Hoping to make up a loss.
Year end cleaning up.

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

rosemountbomber Free

11/09/21 3:05 PM

Post #1,541

Re: #1,540: @Whalatane - Rose ...that was a preplanned sale

Well I have some of all the ones you mentioned. Although it is dropping today I thought the deficiencies the FDA cited were actually not that grave and hopefully addressed quickly.

CYTK looks strong and just won’t go down and I agree looks more like a BO candidate than AMRN at this point in time. Maybe if the infringement trial is not dismissed there may be a little more interest in Amarin.

Whalatane

11/09/21 2:11 PM

Post #1,540

Re: #1,539: @rosemountbomber - A Director sold at $40 but it appears

Rose ...that was a preplanned sale
Still like CYTK more than AMRN, AUPH, AXSM at these levels .... they are presenting at AHA

We need the infringement case to proceed for AMRN to move. Auto switching at pharmacies are killing their script numbers .
AUPH ...market is for severe LN .. about 10% of those with LN imho . Stock will drop at least 20% if they GIA.
AXSM ...looked like a down grade today ? The earning report was OK but I didn't like them saying they needed weeks to months to cure the deficiencies raised by the FDA ...if I heard that correctly

SOUTH SAN FRANCISCO, Calif., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) today announced two presentations at the American Heart Association (AHA) Scientific Sessions 2021, taking place online from November 13, 2021 – November 15, 2021, including the presentation of additional results from GALACTIC-HF (Global Approach to Lowering Adverse Cardiac Outcomes Through Improving Contractility in Heart Failure) assessing the effect of omecamtiv mecarbil on stroke in patients with heart failure with reduced ejection fraction (HFrEF), and the presentation of preclinical data relating to a cardiac troponin activator that is a closely related analog to CK-3828136 (CK-136).[/quote]

Kiwi

rosemountbomber Free

11/06/21 1:28 PM

Post #1,539

A Director sold at $40 but it appears to be part of a pre-planned sale:

https://www.sec.gov/Archives/edgar/data/1061983/000106198321000250/xslF345X03/edgardoc.xml

LearningEveryTrade Free

10/07/21 1:56 PM

Post #1,538

Re: #1,537: @Whalatane - New high today Mkt likes their presentation Kiwi

Yes, now we are barcoding from one of those
stuipd algo's...

I did take some profits from my calls...glad to do that anytime.

Whalatane

10/07/21 12:36 PM

Post #1,537

Re: #1,536: @LearningEveryTrade - That was a few days ago, the 28th.

New high today
Mkt likes their presentation
Kiwi

LearningEveryTrade Free

09/30/21 11:35 PM

Post #1,536

Re: #1,535: @Whalatane - Cytokinetics: Cramer “This is

That was a few days ago, the 28th. Today the 30th, something new is up.

Could simply be price being setup for the Oct 7th deal.

I think the MM will have the SP priced in for good news, and then plenty of room for a slide/short if nothing too interesting is said.

Perhaps some info, like data, got leaked in prep for it??

So many unknowns!

Should be a fun Week or Two !!!

Whalatane

09/30/21 2:28 PM

Post #1,535

Re: #1,530: @LearningEveryTrade - Any News?

Cytokinetics: Cramer “This is early stage, and here’s what’s interesting about this company: Once again we find these companies that big pharma needs. This is a very good spec. Small molecule therapeutics. The big companies, the Pfizers, love these guys.”

Kiwi

LearningEveryTrade Free

09/30/21 11:10 AM

Post #1,534

Inv Conference on Oct 7.

SOUTH SAN FRANCISCO, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK), today announced that it will host an Analyst and Investor Day on Thursday, October 7, 2021 from 8:30 AM to 11:30 AM ET. The event will be held at the Westin Grand Central Hotel in New York City, and streamed live online. Members of Cytokinetics’ senior management will be joined by expert clinicians to provide updates on the company’s plans for commercialization and advancing cardiovascular pipeline.

A panel discussion on the challenges of treating patients with heart failure with reduced ejection fraction (HFrEF) and the unmet need in this patient population will feature the following experts:

Tariq Ahmad, MD, MPH, FACC, Associate Professor of Medicine; Medical Director of Advanced Heart Failure, Cardiovascular Medicine, Yale School of Medicine

Alanna Morris, MD, MSc, FHFSA, FACC, FAHA, Associate Professor of Medicine, Division of Cardiology; Director of Heart Failure Research, Emory University Clinical Cardiovascular Research Institute

LearningEveryTrade Free

09/30/21 11:04 AM

Post #1,533

Trying to be MOD.

LearningEveryTrade Free

09/30/21 11:04 AM

Post #1,532

Volume iffy, I suppose.

LearningEveryTrade Free

09/30/21 11:03 AM

Post #1,531

Great Price move..

LearningEveryTrade Free

09/30/21 11:03 AM

Post #1,530

Any News?

MiamiGent

09/13/21 2:13 PM

Post #1,529

Re: #1,528: @Whalatane - Whats the rational for being short ?

At the time the pop looked overdone.
No deeply held viewpoint. Again, I'm trader. Another can be a chartist. Another the fundamentals, etc.
GL!
MG

Whalatane

09/13/21 1:20 PM

Post #1,528

Re: #1,527: @MiamiGent - CYTK No worries.

Whats the rational for being short ?
CYTK'S clinical data looks as good ( if not better ) than MYOK's ( that Co sold for $13B AND CYTK is currently trading at 1/4 that ) ) and they have over $700m cash on hand ...
Kiwi

MiamiGent

09/12/21 10:29 PM

Post #1,527

Re: #1,526: @Whalatane - Let’s see how well that short position does

CYTK No worries.
I'm about 40% out of my short with a modest profit.
Like I said, it'll require patience.
I'm a trader.
MG

Whalatane

09/12/21 9:34 PM

Post #1,526

Re: #1,511: @MiamiGent - CYTK Added to last night's AH short. New

Let’s see how well that short position does on Monday
The data they released today looks pretty good and the Co is currently valued at roughly a quarter of what MYOK sold for
Kiwi

pzottkpz

08/16/21 7:28 PM

Post #1,525

Re: #1,511: @MiamiGent - CYTK Added to last night's AH short. New

I am growing impatient waiting and there a lot of newbies that are upside down big on this short.
it’s coming up on a month and no one has even posted here
really nervous

Will require a little patience

MG

pzottkpz

07/28/21 3:19 PM

Post #1,524

Re: #1,522: @pzottkpz - stock holding up pretty nicely

wow

this stock goes up a dollar so easily!
resilient in a down market too!
I wonder how long it can keep this up?

pzottkpz

07/26/21 5:54 PM

Post #1,522

Re: #1,520: @pzottkpz - those pesky longs keep buying this stock

stock holding up pretty nicely

especially considering the over 50% rise it just had

big winner here !!!

MiamiGent

07/26/21 5:50 PM

Post #1,521

CYTK ...and dropped some more today

Snapshot:CYTK
CYTOKINETICS INC
28.20 Down -0.84 (-2.8926 %) AS OF 4:00:00PM ET 07/26/2021)

Starting to behave as it should.

I banked some small green late last week as a safeguard, in case they took it up after the Offering closed. Holding the rest of my short. Should drop a good sum more.

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

pzottkpz

07/24/21 11:28 AM

Post #1,520

those pesky longs keep buying this stock

wait …what?

MiamiGent

07/23/21 9:57 AM

Post #1,517

Re: #1,511: @MiamiGent - CYTK Added to last night's AH short. New

CYTK Update: I missed that this stock is 99% owned by 'tutes and insiders. This makes it not subject to Newton's Law on gravity. The MM is holding it up despite about $200M in dilution going on. In other words, the stock is being completely manipulated.
I thought of dumping it but have decided to keeps my shorts on and will trade my way out of it.
Beware, the Offering is supposed to close today and the MM and playas will prolly take it up. In fact it is starting, now at $31.
Gaps fill and I think we'll reach our objectives sooner or later. In this market, I don't mind carrying a short.

MG