DARA BioSciences, Inc. (DARA)

[bioresearcher]

Yes i think it is possible...how soon is hard to say...


There are some factores:

- Insider buys

- Encrease Sales on all 3 products ( i think they will encrease more into Q3 and Q4)

- One potential good drug in the DARA portofolio

- Words from the CEO:

“It’s not unusual for a young company starting out… to have the stock slip below a buck and we’re not happy about it at all… but we think that, over the next few months, we will have enough good news and milestones that, hopefully, we can get the stock back up over a dollar,” he says. “Then we’re out of the woods with that issue.”

There is several articles on Seeking alpha pointing good and bad reasons to buy Dara.


I decide to buy 15000 shares, because i think is a good investement at this lower prices, but of course thats my opinion.

For those who are traders, if it holds around 0,66 and 0,70 this week i think, they will chase a breakout on the 20MA and 50MA that could trigger a lot of buys to trade between those and $1 área.