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,"
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.
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