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Re: $heff post# 78905

Tuesday, 12/09/2014 2:20:05 PM

Tuesday, December 09, 2014 2:20:05 PM

Post# of 97237
REPH $2.75 Long here for bottom bounce and recent clinical developments on this one. This one is a low floater 1.77M float per yahoo and trading close to cash value.

Cash Position
"As of September 30, 2014, Recro Pharma had cash and cash equivalents of $23.9 million"

Market cap :
$21.27M (Yahoo)

Catalyst: Mid 2015

"We ended the third quarter with approximately $24 million of cash and cash equivalents, which we believe is sufficient to fund our operations through the end of 2015, well beyond the expected mid 2015 top-line data readout for the recently initiated Post Op Day 1 Phase II trial with our lead candidate Dex-IN,"


Recro Pharma major shareholder Healthcare Master Fun Broadfin Purchases 241,338 Shares -- Dec 2, 2014 Transaction(REPH)
http://tickerreport.com/banking-finance/364452/recro-pharma-major-shareholder-healthcare-master-fun-broadfin-purchases-241338-shares-reph/

Brean Capital has $26 PT on this one:
Recro Pharma Receives a Buy from Brean Capital
Brean Capital analyst Jonathan Aschoff maintained a Buy rating on Recro Pharma (NASDAQ: REPH) on November 21 and set a price target of $26. The company’s shares closed last Friday at $2.84, close to its 52-week low of $2.50.

http://www.analystratings.com/2014/12/08/recro-pharma-receives-a-buy-from-brean-capital/

Chart:


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