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

Posted on 3/30/22 at 2:55 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37064 posts
Posted on 3/30/22 at 2:55 pm to
AXSM baw! Even if we flame out on 05, the 07 PDUFA is in a month.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9282 posts
Posted on 3/30/22 at 4:10 pm to
quote:

Halted. Gotta be good news!

Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 3/30/22 at 5:32 pm to
I AM A JACK arse!
Posted by jmcwhrter
Member since Nov 2012
7999 posts
Posted on 3/30/22 at 8:31 pm to
I've spent a decent amount of time reading about these bios.. promising drugs, great management teams, etc. Still get butt fricked by some government agency or another pharma with a bigger budget

This industry sucks
Posted by redfishfan
Baton Rouge
Member since Oct 2015
5545 posts
Posted on 3/30/22 at 10:25 pm to
Sure does at times for sure. I held and may average down. Idk
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 3/30/22 at 10:31 pm to
Agreed I got hosed on SABS. Biotechs are now on my “never to buy” list along with Chinese stocks. It’s too easy to get caught up in the company story and not realize how the FDA will screw the smaller companies over in favor of big pharma. I will never buy another biotech as long as I live, lesson learned.
Posted by jmcwhrter
Member since Nov 2012
7999 posts
Posted on 3/30/22 at 11:39 pm to
my largest holding is still AUPH, and it's pretty comical because the product and the team (up until 6 months ago) check all the boxes of 'sound due diligence digging up a great find'

but they will end up losing out to an inferior product being pushed by a giant pharma company simply because they can't win the palm greasing war
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 3/31/22 at 8:05 am to
quote:

I held and may average down
I'm going to hold. I think it will inevitably rebound to 1.25 - 1.50 in the not too distant future.

Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37064 posts
Posted on 3/31/22 at 8:37 am to
quote:

It’s too easy to get caught up in the company story and not realize how the FDA will screw the smaller companies over in favor of big pharma


Everything isn't a conspiracy. And in this case they were in partnership with Otsuka. Otsuka is not small potatoes.
Posted by Hussss
Helena, AL
Member since Oct 2016
7803 posts
Posted on 3/31/22 at 9:32 am to
Just bought 10k sh @ .71
Posted by WDE24
Member since Oct 2010
54853 posts
Posted on 3/31/22 at 1:20 pm to
I was think 1.25. Considering buying some at .69
This post was edited on 3/31/22 at 1:21 pm
Posted by Tigerbait2323
Baton Rouge
Member since Jul 2010
417 posts
Posted on 3/31/22 at 2:43 pm to
In for 1K at .69
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 3/31/22 at 3:54 pm to
quote:

Everything isn't a conspiracy.
everything with the FDA is a conspiracy. everything. everything. doesn't matter how big the pharma is outside the US. Big US Pharma 100% runs the FDA. not a theory. that's a fact. you clearly haven't been around pharma very long or aren't very smart.
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 3/31/22 at 9:33 pm to
Just have to go look at who is on which boards and where they came from before that.

It is a legalized bribery system
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 4/6/22 at 7:33 am to
Is there a possibility this gets approved in the near future and this rebounds? Thinking of adding at this price.
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 4/6/22 at 8:16 am to
I added. They are making money in Japan. They can trudge forward and pay off the rent cut people for approval

Or just get bought out at 2 per share
Posted by Hussss
Helena, AL
Member since Oct 2016
7803 posts
Posted on 4/6/22 at 8:18 am to
I bought 5k more shares @ .60 in pre market this morning
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37064 posts
Posted on 4/6/22 at 8:31 am to
quote:

Big US Pharma 100% runs the FDA. not a theory. that's a fact. you clearly haven't been around pharma very long or aren't very smart.


I've only worked with the industry for 20 years now. Which I'm sure is far surpassed by your experience.

Also, I love it when people state their conspiracy theories as fact
This post was edited on 4/6/22 at 8:32 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37064 posts
Posted on 8/19/22 at 12:00 pm to
quote:

AXSM baw!


fricking finally!

quote:

Axsome Therapeutics (+39.2%) hits 13-month highs after FDA approval of AUVELITY for treatment of major depressive disorder in adults


Up to $59.32 (+$16.89 today)). I'm averaged at $33.26, and gonna hold because I think AXSM-07 for migraine may come through as well, since the reason it was delayed was the same reason 05 (Auvelity) was delayed.
This post was edited on 8/19/22 at 12:01 pm
Posted by BlastOff
New Orleans
Member since Feb 2016
921 posts
Posted on 8/19/22 at 5:12 pm to
I'm in at 21.61, but only 200 shares...this is where smart people take the $700 gain and roll it into SPY or something more stable, right?
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