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re: Akebia Therapeutics (AKBA)- Vadadustat FDA Approved AT LAST!!

Posted on 2/8/21 at 12:48 pm to
Posted by cadillacattack
the ATL
Member since May 2020
4500 posts
Posted on 2/8/21 at 12:48 pm to
bayoubengals88 .... thanks much for the tip on AKBA ... up 29% since purchase ....bueno

I saw today's PR that discusses AKBA is scheduled to report quarterly and annual earnings next week before market-open on 2/25, with their Investor conference call same day.

Any idea what to expect?
Posted by Powerman
Member since Jan 2004
162266 posts
Posted on 2/8/21 at 1:10 pm to
Got in at 3.99

Bought in more today
Posted by GREENHEAD22
Member since Nov 2009
19639 posts
Posted on 2/8/21 at 1:16 pm to
Is the $10 price point still the thought on this? Whet's the timeframe looking like?
Posted by barbapapa
Member since Mar 2018
3241 posts
Posted on 2/8/21 at 3:16 pm to
this has been a very good play, thank you
Posted by BZ504
Texas
Member since Oct 2005
9638 posts
Posted on 2/8/21 at 3:18 pm to
Thank you for this bayoubengals88!
Posted by bayoubengals88
LA
Member since Sep 2007
19075 posts
Posted on 2/8/21 at 5:40 pm to
quote:

Any idea what to expect?


Look for continued growth from Auryxia and amount of royalties from Japan.

Those two numbers should be most impactful.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36772 posts
Posted on 2/9/21 at 8:42 am to
Falling hard today.
Posted by WDE24
Member since Oct 2010
54184 posts
Posted on 2/9/21 at 8:46 am to
Had support around 4.80 yesterday with some resistance just over 5.05. Will be interesting to watch today.
This post was edited on 2/9/21 at 8:48 am
Posted by bayoubengals88
LA
Member since Sep 2007
19075 posts
Posted on 2/9/21 at 9:18 am to
quote:

Falling hard today.

healthy pull back considering 50% movement from 2/1
Posted by cadillacattack
the ATL
Member since May 2020
4500 posts
Posted on 2/9/21 at 1:00 pm to
quote:

Had support around 4.80 yesterday


appears to be the same support today too .....
Posted by rintintin
Life is Life
Member since Nov 2008
16203 posts
Posted on 2/9/21 at 2:16 pm to
Jumped in on some 7.50 calls. Let's fill that gap!
Posted by rintintin
Life is Life
Member since Nov 2008
16203 posts
Posted on 2/16/21 at 9:07 am to
Just broke through a bull flag on decent volume. If it breaks and holds that 5.19 mark we may see a run higher.
Posted by cadillacattack
the ATL
Member since May 2020
4500 posts
Posted on 2/16/21 at 11:38 am to
yep, I think we may see it creep back up to around the $5 mark over the next week, especially with Earnings due before the bell on 2/25
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69947 posts
Posted on 2/25/21 at 7:16 am to
Holy shite, someone just dumped a frickton of shares before the earnings call. Went from 4.55 to 3.70 in less than a minute.

Might be a buying opportunity or bad moon rising
Posted by bayoubengals88
LA
Member since Sep 2007
19075 posts
Posted on 2/25/21 at 7:27 am to
quote:

someone just dumped a frickton of shares before the earnings call. Went from 4.55 to 3.70 in less than a minute.
GOOD.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17729 posts
Posted on 2/25/21 at 7:47 am to
You still like this one at 4.20?

Good call on this man, I've gotta step up my game.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69947 posts
Posted on 2/25/21 at 7:52 am to
quote:

someone just dumped a frickton of shares before the earnings call. Went from 4.55 to 3.70 in less than a minute.
GOOD.


Lol, I ain't selling shite. Think it was an overreaction to missed earnings. Recovering nicely already. This is 1 year minimum hold for me, I'm in at $3.33.
Posted by bayoubengals88
LA
Member since Sep 2007
19075 posts
Posted on 2/25/21 at 7:53 am to
quote:

You still like this one at 4.20?

I'm loading at anything under $5

With under $5 anyone should be able to get out safely with a run up before PDUFA date, which will be 6 months from the announcement of the NDA, which is expected to be soon.

Almost definitely 1H 2021
Posted by WDE24
Member since Oct 2010
54184 posts
Posted on 2/25/21 at 7:54 am to
I sold and took profits. I thought it would go down under 4 on earnings. I’ll probably jump back in.
This post was edited on 2/25/21 at 8:03 am
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13936 posts
Posted on 2/25/21 at 9:13 am to
LINK
quote:

"With this forward momentum, we have line of sight to significant milestones in 2021, including our NDA submission for vadadustat for the treatment of anemia due to chronic kidney disease (CKD) in both adult patients on dialysis and not on dialysis expected by the middle of the second quarter of this year."


I picked up July calls. $7.50 strike for $0.50.
This post was edited on 2/25/21 at 9:14 am
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