Replies to post #1323 on Cara Therapeutics Inc (CARA)

[seppi08162]

Well technically speaking, if most recent trial results don't live up to the [now] lofty expectations the share price can fall well below "15's." Of course if this happens, i wouldn't recommend buying at all, regardless of the discounted price..

Moreover, in today's times and the state of the government in virtually disarray, promises for economic reform potentially unfulfilled due perpetual investigations into our president (or impeachment?)... There is no way to know this stock or the sector or the market altogether can't come falling down...

I guess my point is this. Why are you hung up on the number $15? Either you believe in this company's pursuit or not. Sure "something could happen" and we revisit a lower teen (or even lower!), but i certainly wouldn't bet on it, with trial results pending that could single handily move the SP up 25% in a day.

If you like the company at $15, you should like them at $18 or $20

[djmurdock]

Looks like we are back in an uptrend, which makes sense with news coming soon. And if we get positive results, which is what I am expecting and hoping for, we could get a major boom.

[CoachMarc]

Here are a couple recent posts:

CoachMarc Thursday, 05/25/17 03:49:48 PM
Re: None
Post # of 1326
I don't want to talk too fast especially after a down day, but she sure looks ready to blow to $19 at any moment now!

PPS closed at 16.71 on that day.


CoachMarc Wednesday, 04/26/17 03:48:51 PM
Re: MoToM post# 1206
Post # of 1326
I could be wrong, but this is setting up almost identical as the first week in November when the pps ran from $5.89 to $12.20 in less than 2 weeks! If you look at the 9 months chart, you will notice that the positioning of all the indicators are almost in identical position as they were on 11/3/16: Upper and Lower Bollinger, 20 days and 50 days SMA, and the position and action of the pps. Maybe it is wishful thinking, but I see a potential big run confirming here, all the way to $23, imo.

PPS closed at 15.96 on that day


My opinion about CARA has not changed. I believe the pps is on it's way to $23.