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We are getting zero value from 2809, VKTX lipid drug is better than MDGL's .. VKTX should be trading at 30.00 right now according to MDGL valuation.
Break out to 13.00..lets do this.
VKTX
How Is The Governor of New Jersey Ending Prohibition? https://hightimes.com/news/governor-new-jersey-ending-prohibition/
when it was climbing a few weeks ago There was some resistance at 4.30 to break thru and now that seems to be the solid support area now. The volume indicates today was the washout/shakeout day after a 3 day draft down.. and it will be moving back up with the buyers adding/ holding for the next wave up.
Waffles , working it at all angles i see... iwould expect nothing less from you :] after you having made a ton of money with the Warrants , heard from a birdie you made 7 figures..nice ! . Selling VKTX covered calls as it moves up tp P2 vk2809 results is a great idea.
Yes, getting some SARM vk5211 data would be nice since we never really did get all of it yet. Maybe that will bump it up. Or a nice upgrade would help, the valuation compared to MDGL needs to be noticed by the bigger players...they cant ignore the difference in valuation much longer.
Your extensive back round in the Medical field is perfect for picking stocks. I think you should start a Biotech hedge Fund in your spare time. I would invest in it :]...and writing a book on your exciting life it appears you have had so far.I bet you have some great ER stories... With your excellent writing skills combined it would be a good read.
Cheers buddy, have a good week as well.
New Jersey .....TRTC's new Frontier. #5acregreenhouse
agreed !!! just think about a Nasdaq enlistment...then watch a Major Firm like Zacks upgrade with a new Price target and a Aphria / Aurora type Valuation and the stock will Fly. It can happen no problem :].....first we need congress to get moving along with new Bill / states law with MJ. which is happening now.
cmon man , do you see all the assets they have...they are not defaulting on any debt. They will do a RS and maybe stock might take a ding and then move higher but if they coupled it with a Nasdaq enlist PR or maybe a Merger it will be a positive RS ...who the hell knows...all I know is when congress moves fast on Sessions this stock will be way beyond the 52 week high. DP said he would not do a RS in vacuum conditions . I bet he does a Merger with a bigger company and jumps on Nasdaq....the stock will go higher.
so No losses and you are still holding not taking any profits....yet you bitch and moan like no other. I don't understand ...it makes no sense. something is way off here , not sure if you are aware of how foolish that is....cant you see it ?
why are you holding long then ? If you have profit just take it and moveon ....or ...you must have heavy losses... are you holding with losses and just like to bitch everyday at this board ?
Nice action today , strong support at .30
3 down days in a row, looks like we are finding some support now. I expect to be back over 5.00 this week. Just a little manipulation today MM 's taking stop losses out.
Even Alabama Republicans Disagree With Attorney General Jeff Sessions' Views On Marijuana Legalization
https://www.benzinga.com/news/18/01/11015638/even-alabama-republicans-disagree-with-attorney-general-jeff-sessions-views-on-m?utm_content=buffer1d1c9&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
New Analysis Shows Federal Marijuana Legalization Could Raise $130 Billion, Add 1 Million Jobs by 2025
In addition to putting dent in failed 'War on Drugs,' legalization could put hundreds of thousands of people to work and generate billions in revenue
https://www.commondreams.org/news/2018/01/10/new-analysis-shows-federal-marijuana-legalization-could-raise-130-billion-add-1
Investors watching Analysts Rating of Viking Therapeutics, Inc. (VKTX)
http://www.wallstreetmorning.com/2018/01/12/investors-watching-analysts-rating-of-viking-therapeutics-inc-vktx/
Thanks for the reply Waffles. This paragraph broke it down nicely. I hope the FDA panel is as smart as you are when looking at all the variables.
" Kind of one of those 'would you rather' scenarios... Would you rather have a super fatty liver and need a liver transplant, or be a little high or low thyroid for awhile, like millions of other people out there... and then you stop the drug, liver is doing better, and fix your life, and your thyroid resumes it's normal state over a little bit of time? "
Stay Warm Waffles , what City do you live in ? Are you a emergency Room Doctor/ Surgeon at a hospital ?
Go VXTX
.40 + this week. No doubt about it.
Biotech showcase Webcast http://ir.vikingtherapeutics.com/webcasts-and-presentations
Looks like TRTC will Test .40 again this week. GLTA
Waffles your positive posts all summer kept me in this stock and I have made a lot of money., so has Brazenbull. We think very Highly of you. Send Brazen an email and we will make sure to send you a well deserved token of our appreciation for your thoughtful insights on here.
I just read the SA article and liked it, it went in depth on any concerns... and after reading about HepDirect beta receptor targets liver like the Madrigal drug I feel the P2 VK2809 report will be good....the writer seems to think the stock will triple in value if so that will take it to 20.00 in about 6 months from now.
What do you think about the writers concern on Liver injury ? The writer is Long the stock so he must not be concerned ..just bringing some awareness ?
https://seekingalpha.com/article/4136028-vikings-vk2809-question-safety-efficacy
I want to chip in for Waffles Top Hat brother...not a cheap one either. Lets get him a nice one.
Go VKTX
Hello Break welcome, its possible that it can pull back to 4.00 as that is where the next major support level is but now that it has crossed a key level 5.00 and is no longer considered a penny stock bigger Institutions are buying and I see 7.00 target being hit in the next few weeks. As to your question about making it to 100.00 + yes its possible when they get near end of Phase 3 with good results on 2809 and 5211
MDGL has a 1.2 Billlion Market Cap with 12.5 Mil.shares , and VKTX has a 142 mil. Market cap and 28.5 Mil.shares. VKTX 2809 has better Data and at the same stage as MDGL's drug and Viking has a better pipeline with 5211 and couple others which MDGL does not. That Means VKTX should be trading at least 30.00 valuation compared to Madrgal...so that means VKTX is grossly undervalued and is trading - 6 X Multiple less compared to Madrigal.
30.00 is fair value right now !!!!
GLTA to all Viking shareholders.
Sessions under fire from all sides
https://www.msn.com/en-us/news/politics/sessions-under-fire-from-all-sides/ar-BBHXpnc
Looking forward to the presentation Monday, I'm starting to think we will see 7.00 by end of the month now that it just broke above key level 5.00.
The attorney general's move brought swift condemnation from both Republicans and Democrats in Washington. National Republican Senatorial Committee head Sen. Cory Gardner, who represents Colorado, where the marijuana market is legal and thriving, blasted Sessions as a liar. "This reported action directly contradicts what Attorney General Sessions told me prior to his confirmation," Gardner tweeted. "The Justice Department has trampled on the will of the voters in CO and other states," he wrote, vowing he'll fight back: "I am prepared to take all sOn the other side of the aisle, Democrat Ron Wyden of Oregon, where marijuana is also legal, blasted the president. "Trump promised to let states set their own marijuana policies," Wyden said in a statement. "Now he's breaking that promise so Jeff Sessions can pursue his extremist anti-marijuana crusade." For his part, Wyden is insisting that protecting state-legal marijuana markets must now be part of budget negotiations to avoid a government shutdown. "Any budget deal," Wyden said, "must ... prevent the federal government from intruding in state-legal, voter-supported decisions."teps necessary, including holding DOJ nominees, until the Attorney General lives up to the commitment he made to me prior to his confirmation.
"
https://www.rollingstone.com/politics/news/jeff-sessions-marijuana-reversal-brings-swift-bipartisan-condemnation-w514983
Everything will be fine, by doing this Sessions is going to force congress to change the law...Its actually going to make things better.
TRTC
Now the Big Institutional buyers can buy at 5.00. VKTX is looking very strong .
Industry insiders, state officials in recreational cannabis markets vow to stay the course
https://mjbizdaily.com/industry-insiders-state-officials-recreational-cannabis-markets-vow-stay-course/
Nope just a head fake, buy the dip. The Chart is strong. Easy ride to .65 when it breaks .50
TRTC
A $1 billion marijuana windfall for New Jersey? Some say it's possible
http://www.northjersey.com/story/news/new-jersey/2018/01/02/1-billion-marijuana-windfall-new-jersey-some-say-its-possible/990192001/
California’s Marijuana Legalization Aims To Repair Damage From The War On Drugs
It didn’t just legalize weed, the state also enacted one of the most progressive criminal justice reforms in the country.
https://www.huffingtonpost.com/entry/california-marijuana-legalization-war-on-drugs_us_5a3c1303e4b025f99e15b738?ncid=engmodushpmg00000004
Vk5211 and vk2809 have a 2 + billion dollar potential for both, they will both be Major blockbuster drugs, and we have a couple other drugs in pipeline as well. As far a news goes we should see some more P2 data on Vk5211 in the coming months. Not sure what the next news will be but it could be a Partnership or a Buyout but I think that will come after 2809 results.
The Main driver for VKTX right now is the Valuation ...it hugely undervalued compared to its Peer MDGL that has a similar drug that just completed P2 as VK2809 that will be in early Q3, and if you look at past data 2809 has better data and is a more effective lipid drug. Based on Market Cap VKTX should be trading at 30.00 to MDGL's valuation.
Looks like Blue Sky Golden Cross, the TRTC chart is strong.
http://stockcharts.com/h-sc/ui?s=trtc
If it breaks .50 it will get crazy...buckle up and enjoy.
Might see .50 today , congrats longs , keep riding it to 1.00 in 2018
Happy New Year Vikings, looking forward to a strong 2018. My Price target for Q4 is 30.00. I'm Holding Long and strong. GLTA
Support at .35 then .30 , but IMO the stock is going much higher to the .50 - .70 level in January.
All we need is a couple strong PR's about CA operations hitting stride and some New Jersey Greenhouse News and things will get really Hot.
.
Smart ones sell half of their shares after a 100% gain and ride the rest FREE. I can ride this for years and years now without losing a dime.
California's cannabis market is expected to soar to $5.1 billion — and it's going to be bigger than beer
http://www.businessinsider.com/california-legalizing-weed-on-january-1-market-size-revenue-2017-12
Happy New Year Miss D., I have no doubt about it...TRTC will be back over 1.00 in 2018. And when rescheduling comes we will be trading at the same Market cap valuation as Canopy and other Canadian MJ stocks.