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It will be very telling when we see the holdings of the instutional players in this and many other biotechs. They're going to have to report their holdings soon. I bet they sold and shorted a lot during the beginning of the year and then loaded up the cheap shares after the significat 50% drop that was seen in this sector.
Personally, I like your theory.
Rest of the market hovering around all time highs while biotechnology stocks are still lagging significantly. What's the reason for that? In my opinion the market often acts unlogically for specific sectors, but when it does, it usually doesn't last. Healthcare will likely surge again this year, bringing TTPH with it. Hopefully some positive news from the FDA will be helping us ride that wave up. We shall see. It's got to be any day now. The fda must really be dragging their feet on this one.
LOL.... right there with you. But this ain't no rocket science. As some of the most successful investors of all time say, you can't time the market. But you can find value and stick to your convictions and make money. I believe this investment is going to provide us significant returns. When? The hell if I know.
But tomorrow's ok with me too
I'm fairly certain that morning will come, someday. I mostly just keep track and post to keep myself motivated as well. Hope it helps others as well.
The data supports the possibility of this company producing significant returns for us in the future, fingers crossed.
Good questions:
Good questions:
Nice response thus far to today's conference..... if that's indeed what's moving the stock upward.
The fda is kinda a hack ...... we had an fda inspector come pay a visit to my lab recently ...... she was a brand new grad from college who didn't know how to chew gum and walk at the same time, let alone have any clue over the information she was entrusted to "regulate" ...... although perhaps they're not all like that.
I hope not at least. But me thinks if ttph were a larger company, we would not still be waiting.
What are you talking about? TTPH has had plenty of news ..... news that the news is coming soon! LOL ....
In all seriousness though, the CEO seems to make a very compelling case for why the fda should react positively in their favor. Maybe the FDA just needed their own time to comb through the data and come to this same conclusion.
Still sounds like FDA news is imminent. The CEO knocked it out of the park in my opinion today with describing why this antibiotic is so important and why it can be so valuable as well, given no other treatment options are available that compare. He even discussed adding additional indications in the future as well, other than the cIAI and cUTI they're currently pursuing.
Went more in depth on the data they have showing how well the IV use of the drug did in the cUTI trial and where it worked in patients with resistance to the competition.
We're just waiting for the fda still. But they're expecting that news literally any day now and are continuing development of eravacycline in the meantime as well as some of their other pipeline drugs.
Sounds very positive in my opinion.
Fair enough, and I don't disagree with that notion. But who's to say ibb can't be back at @280-300 range short term? Good news for the markets as a whole does seem to keep coming in....
Sure thing. No, I personally do not expect any surprises from fda today. That's material news I would expect them to release immediately, not wait to present at an investors conference.
Because TTPH has never ran up while IBB didn't ?
I think the idea that we could be running up to the $7.5 mark so the institutional investors can make $$$ off those options is a realistic idea, short term, fda news aside.
I do not expect today's conference to present anything material of nature
Corporate presentation today 1120 eastern time (about an hour from now). You can tune in live from the investors relations page
http://ir.tphase.com/eventdetail.cfm?EventID=171489
Let's see TTPH correct in the same manner again. It's pretty neat how it lags on the daily chart yet ends up usually following ibb. Makes for a very predictable trade.
Well, in a fundamental view of what this company realistically has the potential to be worth. Until the fda says something one way or another though it's free to do whatever pretty much
Right back to the 50 dma..... we realistically shouldn't have been at $6. Tricky bastards
This stock provides such an ample opportunity to make money flipping..... I sold some this morning on the gap up and rebought a few mins ago. Was even considering taking a short on a gap up like that - would have been worth it.
I think you're 100% correct to assume that fda news will come premarket - and if we don't get news premarket, it likely won't come during the trading day. Watching the swings of ibb is certainly worthwhile in the meantime while waiting on news.
I'll bet a lot of people who took a short position today are hoping the fda news doesn't come Monday lol. They'd be "feeling the Bern" ......
I'd kinda like to see that happen to tell you the truth. I set a stop loss as well but I rebought at 5.20 ..... oh well. I'm sure I'll be in the green again. I'm still up significantly overall. I bought a boatload of shares under $4.
This is true..... although they are showing comparisons of their drug and how the mic's of it compare to other competitors - which, by the way, is not even a comparison as it is showing off how much better eravacycline is to the competition. Very important data nonetheless......
Just smacked $6!
A gift indeed..... I truly believe this can see those 52 week highs again
This things moving like a gem last few days
That they are. I'm waiting for $5.1 to reload for another trade ...... but I'm fine if it just moon shoots it's way on up too lol
There's the 5.50 I was looking for lol. Lost 0.20 ..... tricky bot shook me!
I hold a large core position in one account and attempt to trade with another. I say "attempt" ..... as it sure as hell ain't rocket science. Ttph does usually follow ibb. Be very bullish if it starts moving ahead regardless of ibb
And I bought a few to daytrade with that I dumped at 5.30 when I saw ibb move down lol.....
So..... ibb going one way, ttph another?
Just imagine if they didn't have fast track status! Lmao..... we will hear some information soon, I'm sure. Soon is a relative term though
Possible they know when the fda is planning to respond and it's before these presentations?
But I do agree, they better not hesitate for even a day once they know anything definitive.
Just a thought ...... as they have been quite about anything out of Europe, and now they're making presentations over there. Albeit it's just a presentation and not discussions with European medical board, it can't be a "bad" sign. .....
A world tour it is!
Given that for the past few months everything the ceo was asked about Europe he responded by saying they're spending all their time in discussions with the fda, could this mean those discussions have come to a resolution?
Looks like they're making a lot of presentations this month in both Europe and the US ...... specifically discussing data from eravacycline trials. Interesting
I reviewed all the data available back in September when this first dropped due to the phase 3 data and felt the same thing - which is why I'm still here.
Now we just need the fda to agree......
You think the "bot" is short millions of shares? I'd think more likely those are the hedge funds who were hedging their risk. Given the instructional holdings here are so high, I'd think they were also the ones involved in the shorting.
But alas, maybe nervous isn't the right wording. The move on the chart today looks really solid though..... $6 a share looks realistic this week.
Wow that was a hell of a nice day with a great finish. Let's see what tomorrow brings.
Those shorts have to be shaking at this point.
Agreed. Trending up - but smart trading can certainly increase your profit.
That they are. Plenty of room to run too.
Wowzers ...... all that averaging downs finally no longer giving me high blood pressure