Correct! I rode this one back in 2016 betting that some day they would get FDA approval for a marketable product. Now we have that marketable product and a good chunk of money to fund the pipeline for the next product. Meanwhile the stock trades at a historically deep discount to where it was without FDA approval.
I'm back in at $14.50 for the first time since 2016. Free money.
Good Luck!
04/20/2016 08:26:57 Bought 1200 CARA @ 8.98
-10,785.95 9.95 0.00
04/20/2016 08:26:57 Bought 300 CARA @ 8.97
-2,691.00 0.00 0.00
04/20/2016 09:51:48 Bought 500 CARA @ 8.51
-4,264.95 9.95 0.00
04/29/2016 12:04:51 Bought 1000 CARA @ 6.05
-6,059.95 9.95 0.00
11/16/2016 18:23:35 Sold 2500 CARA @ 12.24
30,589.38 9.95 0.67
11/18/2016 20:22:06 Sold 500 CARA @ 12.0202
6,000.02 9.95 0.13