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jimmy667

04/02/18 8:37 PM

#179 RE: Tdogwm #178

Watching CALA as well. Cala Held up for a small gain in a broad-based market bloodbath. I use days like this as a stress test for stocks I watch. I look at all the ones that held up in the Universe of stocks I follow and drill down to the why.
Looks like it has bottomed out at 227 million market cap, almost unbelievable it fell this low as they are flush with $189 million in cash that they raised at the $9-10 level. $27 million received so far from Incyte with more to go.
Management expects to finish 2018 with $105-115 million left with readouts coming in 2018 late and 2019.Getting ready to start another trial and another one is being paid for by Incyte and another one near to finish enrollment.
My number one stock out of the 4-2-2018 'stress test' sell-off.
Good Luck!
Long CALA.