|Day Low/High||10.69 / 11.48|
|52 Wk Low/High||9.65 / 27.84|
Both names looked poised to go higher as soon as sentiment around the small biotech sector improves.
Portola Pharmaceuticals, Flexion Therapeutics and BioDelivery Sciences delivered nice third-quarter numbers.
This is a battleground stock that has made big moves in both directions on earnings in the past.
If you are interested in Square longer term be patient and wait for the drama to end.
This downward action in the small biotech sector tends to happen often in the 'dog days' of summer.
The April Jobs report showed that 164,000 jobs were created last month. This is nearly 30,000 jobs less than the consensus. Unemployment rates tumbles to 3.9%, the first time under the 4% level in almost two decades. A rash of biotech news hitting t...
I hope we get a decent size market decline so I can add to some stakes in what I think are already undervalued biotech holdings.
The indices are hitting highs as the market shrugs off yesterday's rotation.
I'm looking for some new entries in less-speculative names, but many stocks need a rest at this point.
I'm always excited about the potential for new trades when we have selling like this.
The housing market will continue to improve over the next few years due to pent up demand.
Small biotech stocks have a number of hurdles around FDA approval. Here is how to play that cycle.
The first part of Flexion's decline can be attributed to some profit taking.
The Burlington, Mass.-based firm announced a proposed public offering of 4 million shares. It plans to use part of the net proceeds to fund manufacturing and commercialization of osteoarthritis knee pain treatment Zilretta.
Burlington, Mass.-based Flexion Therapeutics said Friday it has receive FDA approval for osteoarthritis knee pain treatment Zilretta, a non-opioid medicine utilizing Flexion's microsphere technology.
The Boston firm said microbiology data show that investigational antibiotic omadacycline is 'active against the clinically important typical and atypical community-acquired bacterial pneumonia (CABP) pathogens.'
Verastem Inc., Pieris Pharmaceuticals and Intra-Cellular Therapies all have promising products.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on these events.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on upcoming events.
Flexion Therapeutics and Adamis Pharmaceuticals are names to like at current levels.
There are reasons to believe rallies in BioDelivery Sciences and Flexion Therapeutics should continue.