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CARA: Cara Therapeutics Inc

Posted on 3/23/17 at 5:11 pm
Posted by AuburnTigers
Member since Aug 2013
6952 posts
Posted on 3/23/17 at 5:11 pm
Anyone else hearing this stock may take off in the next month? Had a pharmaceutical sales rep say this company was close to wrapping up stage 2 testing

HC Wainwright set a $22.00 price target on Cara Therapeutics Inc (NASDAQ:CARA) in a report published on Monday morning. The brokerage currently has a buy rating on the biopharmaceutical company’s stock.

LINK
Posted by SEC. 593
Chicago
Member since Aug 2012
4043 posts
Posted on 3/24/17 at 2:20 pm to
"Wrapping up" clinical Stage testing doesn't really mean anything. If you think of clinical stages as a series of filters ~20% of all therapeutics will be stopped at each point.

Also, for the most part these smaller companies are just looking for their molecule to be bought by big Pharma before commercialization. So the long term is not there.

ETA:this is jist a warning if you are inexperienced in Biotech. If you are comfortable looks like a possible play.
This post was edited on 3/24/17 at 2:24 pm
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
24979 posts
Posted on 3/27/17 at 8:51 pm to
Thanks for posting this. I bought in last Friday
Posted by AuburnTigers
Member since Aug 2013
6952 posts
Posted on 3/28/17 at 11:33 am to
20% bump since then. Glad to know i helped someone out
Posted by The Egg
Houston, TX
Member since Dec 2004
79139 posts
Posted on 3/28/17 at 1:51 pm to
solid play, congrats
Posted by AuburnTigers
Member since Aug 2013
6952 posts
Posted on 3/29/17 at 9:59 am to
quote:

solid play, congrats

Just got back positive results on 2nd stage and moving forward with third. Get on board this train because its goin to 30

Posted by mobbarley
Member since Mar 2017
37 posts
Posted on 3/31/17 at 6:29 pm to
Bookmarking. Sold some chipotle stock Ive been sitting on and jumping in this.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75212 posts
Posted on 2/7/21 at 12:47 am to
Almost 4 years later and still trading around $20

I guess this one never really took off

Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7370 posts
Posted on 2/7/21 at 7:36 am to
Yep.

In the same time period, Chipotle is up 238%.

Maybe THIS is the year!
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75212 posts
Posted on 2/10/21 at 4:30 pm to
Up 6% today...
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3084 posts
Posted on 2/10/21 at 4:33 pm to
Good Lord! Where'd you find this thread...page 8000?
Posted by bayoubengals88
LA
Member since Sep 2007
18925 posts
Posted on 2/10/21 at 7:48 pm to
quote:

Almost 4 years later and still trading around $20
Yeah, I’ve followed this one as long or longer than AUPH.

Finally took it off my watchlist last week. Can’t buy ‘em all...
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75212 posts
Posted on 2/10/21 at 9:26 pm to
Would you consider buying them now?
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