That Ginko Bio is everywhere- we want to keep track of the Spac that is getting that-- How did Bill Ack miss this! Going to be huge. CARA alert** Feeling Itchy? Fri up 10% to $13.70 Pre market up again to $14.68 The FDA action date on Cara Therpeutics'(NASDAQ:CARA)Korsuva is also on tap. An approval means the company can move forward with plans to launch products this year with a commercial partner already lined up. Analysts tip that CARA could see a significant share price move when the FDA announcement is made. Summary CARA's IV Korsuva for the treatment of severe itching (pruritus) in CKD patients on dialysis has a PDUFA date of August 23, 2021. It appears that the FDA does not have issues with IV Korsuva's safety and efficacy, but the remaining NDA approval risks appear to be mainly potential CMC issues. The CMC risk appears lower because Korsuva is a peptide, but higher because Korsuva has never been approved by the FDA and CARA has no approved drugs. Abuse potential liability scheduling needs to be addressed by the FDA too, which investors need to consider. The agreements with Vifor/Fresenius give us more confidence as long-term investors in CARA.
What a week we had last week folks!!! Can i do it again? BUYS-- 2 Bottom sniffs! -- ACVA- PSTG- Look Sees ICVX- REGN- ALT- SRGA- TASK- ETSY- >>>>>>>>> Technical picture of BABA--At Support! & Someone buys over $600Mill!!>>>>> Alibaba Group Holding Ltd -ADR(NYSE:BABA) has been slaughtered since October 2020 when it reached an all-time high of $319.32. The sharp decline has been partly due to poor U.S./China relations as well and Chinese regulators cracking down on the e-commerce giant and its CEO Jack Ma. Since July 22 the decline in the stock has accelerated and although there has been some bounce plays for the bulls, the stock has become risky due to new out of China, when the U.S. markets are closed, causing Alibaba to gap down on four separate occasions. Gaps fill 90% of the time, however, so it is very likely Alibaba will trade back up to fill its highest gap near the $212 level in the future. On Friday Alibaba slammed into a support level at the $155.50 level and bounced up slightly from it. The support level was created back in 2019 and could mark the pivot point for Alibaba’s rebound. After hours, just before trading closed for the weekend an institution(s) purchased a whopping $611.71 million worth of common shares of Alibaba. It is likely the trader chose to purchase common shares as opposed to options to avoid time decay if Alibaba trades sideways or lower before rebounding back up to fil the gaps. See Also:Is Alibaba A big ass gummy? Why It’s Important:When a block trade occurs it indicates a hedge fund or institution has taken a position in common shares. A block trade always involves large sizing and is typically handled by a blockhouse privately and outside of the open market. Because block trades don’t happen on the open market the large size of the trades doesn’t create volatility in the stock being traded. These types of purchase orders are made by institutions purchasing a large number of a security and retail investors can find watching for block trades useful because it indicates “smart money” has entered into a position. The BABA Technologies Trades:Below is a look at the notable alerts, courtesy ofBenzinga Pro: At 6:24 p.m., a trader executed a block trade above ask of 1.6 million Alibaba shares at $160.98 per piece. The trade represented a $257.56 million bullish bet. At 6:28 p.m., a trader executed a block trade above ask of 2.2 million Alibaba shares at $160.98 per piece. The trade represented a $354.15 million bullish bet. BABA Price Action: Alibaba closed Friday’s session down 1.61% at $157.96. BABA-
Hey btw Stoney.... who the hell picks up those 144 tennis balls when your done? Between that and loading that behemoth it into a car.... can you say back injury?! For real though... who the hell wants to walk all around a tennis court and pick up 144 tennis balls. Do they have one of these? They should if they don't. From my golfing days... the Shag-Bag: That may save your back, but still, how valuable is your time? 144 balls?!
Great post V- Can I go with ACV today? It feels like a nice bottom. Bridgeport I drive through to get here... Great Chocolate in that town! & A Very pretty town-- Cops a bit meh' -- We are still getting rain but nothing major went down yet. You never know when something upstream gets agitated... Do you know about The Big Flood in the 1950's-- That took Washington Depot out? There is an old building in town that has a plaque on it as high as you can imagine way up there twenty feet or something That's the water line when the Shepaug River overflowed...
Who makes that! Another good invention // It's funny I put some rubbers and lube cream and ecstasy pills together along with a risque video, all into a go bag I call - "The Shag Bag!"
That Shepaug River feeds into my Kirby Brook... the water that flows quickly right past my house... Sloping property line and all... part of the ongoing angst here...
VZ's Gummies of the Week: $PWR $95 $CPRT $140 Slinger to Granny's shorts at $3.12 (if the volume gets over 5K shares ) More to follow.