Data due soon and ready to breakoutCatalysts
FPA144 + chemo Phase 3 futility analysis due 1H 2020
FPA150 Phase 1b Ovarian cancer data due 1H 2020
Cabiralizumab (FPA008) and Opdivo (nivolumab) Phase 2 Data due 2H 2020
- High hedge fund buying in December -
BVF Partners holds a 10% ownership, Frpx Ranks 22 in their portfolio
RENAISSANCE TECHNOLOGIES holds a 3.6% stake in the company
Biotech
$SNGX breakout, lot of upcoming catalystsSGX301 Phase 3 top line data due 1Q 2020
SGX942 Phase 3 top line data due 2Q 2020
RiVax Phase 1 initiated, safety data due 2Q & 4Q 2020
Let's see if it will continue running or we can get a flag/pullback to the breakout area before entering
Bias: long, wait for pullback
Breakout, flaging, retest buy opportunityAGRX - Agile Therapeutics, Inc.
The biotech/heathcare hedge fun PERCEPTIVE ADVISORS LLC has been increasing their stake in the company and currently owns 11,919,925 shares and that ranks AGRX the 34 largest holding.
TWIRLA - 30 October Advisory committee meeting voted 14-1 in favor
PDUFA is due the 16 FEB
AGRX will Present at the 38th Annual J.P. Morgan Healthcare in San Fransico the 16 January
EDIT - EDITAS Genetics time to accumulate and play bounceHello all, Notice MACD, RSI and 50 day MA trends for EDIT. I am planning to accumulate calls this week and some last week to play the bounce signaled by RSI and MACD into the JPM healthcare conference on the 15th where these biotechs present promising results and play pop.
Plus biotech is a risky defensive bet - mutually exclusive of Iran - these biotechs are still getting bought out and FDA is approving new drugs like candy.
CYDY headed toward 1.60 next for wave 5 of I toward stratosphereCytodyn is a 9-year old biotech startup nearing FDA approval for Leronlamib, a humanized monoclonal antibody that's shown no side effects with over 800 AIDS patients through a Phase 3 HIV combo-therapy trial. But Leronlamib is also showing broad efficacy in early trials for HIV monotherapy, HIV prevention, blocking metastasis of many cancers, graft vs host disease, and fatty liver disease (NASH). It was tremendously undervalued until mid-December when it signed an $87 million HIV licensing and commercialization that has stabilized its financing and launched price in a strong up-channel. Submission of BLA application to FDA for HIV combo therapy is imminent in January, which should allow for FDA approval and first sales in 2020. Leronlamib has the potential to transform treatment of several major diseases. Disclosure: I am heavily long.
Insider confidence in Adial Pharmaceuticals bodes wellAs Adial Pharmaceuticals advances its Phase 3 clinical trial of AD04 for the treatment of alcohol use, insiders are showing confidence in the company. Today they appointed Mark Howard Peikin as chief strategy officer, and he took the position without a salary. Instead, he accepted a stock option as his sole compensation plan. Chief medical officer Johnson A. Bankole also just acquired over 3,000 shares, perhaps as part of his own compensation plan. If AD04 succeeds in clinical trials, it could be a very profitable drug.
Exelixis made a long-awaited trend line crossI've been waiting on this trend line cross in Exelixis for quite a while now. It's been getting lots of analyst upgrades, and the valuation has been looking better and better. I actually bought some of this in anticipation of the break yesterday, so I'm in the green today. Exelixis's valuation got a 99/100 score from S&P Capital IQ. It has an attractive P/E of 8. There was an insider sale by the senior vice president on October 10, which is a little worrying, but the stock held its price over the last few days, and this trend line breach means the stock should be bullish for the near future.
Things are looking up for Johnson & JohnsonJohnson & Johnson beat Wall Street's earnings expectations yesterday and raised its full-year guidance. The company has also been steadily settling opioid lawsuits, with another settlement rumored to be in the works soon. JNJ is rated highly undervalued by S&P Capital IQ, and its post-earnings run looks to be the slow, steady kind rather than a big spike. That's what I like to see. I've picked up a little JNJ and plan to ride it up to at least the 139.50 resistance level. I'm considering a long-term hold, although the political risk makes me cautious about this sector going into an election year.
KIN Bioscience- accumulate and play bounce into 2020 MACD RSI MAHello team,
KIN has momentum going into 2020 - 1) biotech 2) biotech focused on pets and animals! 3) small cap - 330 million look for a double in a year or two or Aquisition. 4) chart hit a solid bottom in mid Nov 2019 with nice buying and selling action in a strong uptrend kissing and bouncing off the 20 day MA - also importantly this stock has spent very few days below 20 day MA in past couple months.
Technically it seems MACD and RSI will fall slightly to flush out the stock around -2 or -3 % by/on this Friday 3 Jan 2020 and keeping an eye on these indicators - I would load up on the stock from -1 to -2.5 % so from like $8.41 to $8.33 on Friday and play the bounce for the first real week of 2020 when volume comes back into the market. This could be a nice entry point for a multi month trade if KIN takes off or trade it for a week and take a plus %10 with chance that small cap stock skyrockets 20+ with biotech momentum from FDA etc... I would give up on the trade if the MACD and RSI fall below those levels and fail to show a clear turnaround by like Wednesday of the following week. also a stop loss at $8.28.
This looks like a nice gamble with roughly %3 max loss with upside of a highly probably +5% on bounce and a less probable 10% bounce and also a slight single digit chance the stock flexes for 20%+ as these well played biotech tend to do - especially lately
cheeeeers - I will be buying Thursday and Friday of this week if the stock is down -1% or the MACD and RSI show a clear reversal with positive gains in stock - then just hop in and play the trade for a longer period of time with by and hold. Just sell the stock higher
Alexion Pharmaceuticals is outrageously undervaluedAfter noticing some call buying activity in Alexion Pharmaceuticals today, I gave the stock a look.
Analysts like Alexion. It has an 8.8/10 analyst summary score and an average price target of about $146.50 (versus the current price of about $113). S&P Global Intelligence rates it 85/100 for quality and 87/100 for financial health. Its growth stability earns a score of 62/100, which is great for a pharmaceutical company. Alexion has a nice, diverse portfolio of products that gives it some resiliency against changes in the demand for any one particular drug.
But the most attractive thing about Alexion stock is its valuation. The forward P/E of about 10 is very low for a stock with such extraordinary earnings growth. Analyst forecasts for Alexion's earnings have risen something like 25% over the last two years, but the share price has fallen over the same period. Moreover, Alexion has beaten estimates for every single one of the last 8 quarters. S&P Global Intelligence rates Alexion's valuation 97/100 (extremely undervalued)! Today's headline from DJ Realtime News is, "Elliott Looks Forward to Continuing Dialogue With Alexion in Effort to Close Gap Between Current Share Price and Fundamental Value."
Go to YouTube and check out my "Wall Street Petting Zoo" video titled "How to Determine the Fair Value of a Stock." There I describe how to use the Zacks "Price and Consensus" chart to determine the fair value of a stock. By this standard, Alexion is conservatively worth $175 per share.
ABBV remains a strong investment even after its recent runAbbvie has been surging lately after a bullish trend line break, but it remains undervalued at the current price. The analyst summary score for Abbvie is 9.6/10, and the average analyst price target is $92 per share. Personally, I think Abbvie's strong earnings forecast and 5.5% dividend yield justifies $100 per share. Call volume in Abbvie is very bullish today after its cancer drug Imbruvica beat a rival cancer drug in a clinical trial.
Sangamo Therapeutics $SGMO overblown selloff, could bounce highLook for sustained rally upwards from 50 day average, powerfull buy signal could be triggered and could move the stock closer to its consensus price target of $13.50
www.smarteranalyst.com
NASDAQ:SGMO
investor.sangamo.com
investor.sangamo.com
XBI testing Resistance this upcoming week!TICKER: $XBI
XBI will be testing daily resistance $97.00. The nasdaq biotech $IBB already broke its daily resistance so can XBI follow along?
Again, dividend distribution was this week and it has an impact on the price.
However, I would still be caution because the weeky RSI is pretty extended. RSI is @ 71ish and historic pullback RSI level is around 72.
Weekly time frame is extremely extended and a break of the higher low every weekly candlestick pattern will be the first indication of consolidation.
I am very interested in looking for a swing trade of LABD because of how extended the bulls are.
$MNK Go timeAscending Wedge Reversal.
Volume is there and ready to go.
Generic opioid manufacturers have been beaten down recently over fear of a copious monetary fine, but MNK has an established diverse profile.
Do NOT miss this stock when it runs.
Break above $4.15 and were off
Long Term Target: $12.90
PCI Biotech $PCIB.OL top 10 hot nordic stocks @veckansaffarer
www.va.se
finansavisen.no
PCI Biotech OSL:PCIB is a biopharmaceutical company focusing on development and commercialisation of novel therapeutic solutions for improved treatment of cancer patients through its innovative photochemical internalisation (PCI) technology platform. PCI induces triggered endosomal release that can be used to unlock the true potential of a wide array of therapeutic modalities.
The company is applying PCI to three distinct anticancer paradigms:
• fimaCHEM – enhancement of chemotherapeutics for localised treatment of cancer
• fimaVACC – enhanced T-cell induction for therapeutic vaccination
• fimaNAc – nucleic acid therapeutics delivery
The company’s lead fimaCHEM programme consists of a pivotal clinical study with registration intent of Amphinex® in bile duct cancer, an orphan indication with a high-unmet need and without approved products. Clinical proof-of-concept has been achieved in the fimaVACC programme, which applies a unique mode of action to enhance the essential cytotoxic effect of therapeutic cancer vaccines. The fimaNAc programme utilises the triggered endosomal release to provide effective intracellular delivery of nucleic acids, such as mRNA and siRNA therapeutics, thereby addressing one of the major bottlenecks facing this emerging and promising class of therapeutics.
BerGenBio $BGBIO.OL rallies amid Norwegian biotech optimismBerGenBio OSL:BGBIO is a norwegian clinical-stage biopharmaceutical company focused on developing transformative drugs targeting AXL as a potential cornerstone of therapy for aggressive diseases, including immune-evasive, therapy resistant cancers.
The stock is currently in a short term uptrend that could provide a new test of important resistance, where a breakout to the upside could trigger a powerful buy signal.
Sponsored analyst summary:
www.trinitydelta.org
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Investor Relations:
www.bergenbio.com