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

Posted on 2/2/23 at 10:57 am to
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/2/23 at 10:57 am to
There's life in AKBA yet...
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/2/23 at 10:58 am to
AKBA is up big on news that the FDA just approved a GSK drug that is inferior to that of AKBA, which received a CRL a year ago. AKBA has life again, and should be a $2-3 stock. The drugs are intended for anemic patients with CKD.
Posted by WDE24
Member since Oct 2010
54853 posts
Posted on 2/2/23 at 11:15 am to
I almost loaded up in the .$30 range to bring my average cost down. I sold most before the fda denial, but I still have some at an average of $1.84. I guess I’ll keep holding to see if it gets back up.
Posted by jerryc436
Franklin
Member since Jan 2014
634 posts
Posted on 2/2/23 at 11:32 am to
I bought 1000 at a little under 2.00. I thought it was dead money but am still holding. Almost sold it all at 0.50 but glad I did not.
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/4/23 at 11:38 am to
AKBA is really hot. Up 10% on a terrible market day.

Under a dollar is a great entry as I see this going to $1.50 on the run up to FDA news.
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/6/23 at 11:32 am to
Congrats all. Holding $1 for ten days should be a catalyst in itself.
Posted by LChama
Member since May 2020
4075 posts
Posted on 2/10/23 at 10:54 am to
LoL
Posted by BZ504
Texas
Member since Oct 2005
13632 posts
Posted on 2/10/23 at 10:56 am to
Ouch
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/10/23 at 11:58 am to
No clue
Posted by BZ504
Texas
Member since Oct 2005
13632 posts
Posted on 2/10/23 at 1:10 pm to
Was at $0.60, now it’s back up to $0.88
Posted by LChama
Member since May 2020
4075 posts
Posted on 2/10/23 at 1:47 pm to
Was at 1.20 premarket yesterday
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 2/10/23 at 8:42 pm to
People doubled their money and dumped

Also friendly remind, akba is not BP. Gsk is

Fda is compromised
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/10/23 at 8:44 pm to
I wouldn’t doubt it…
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 2/10/23 at 9:57 pm to
It's why I didn't buy into that hype

Fda had plenty of data to approve at the last review and didn't with some bullshite. Wasn't this drug approved in Japan which is much stricter historically

Fda is BP. That's what you need to know.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
33368 posts
Posted on 2/21/23 at 3:37 pm to
any news driving this down today?
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 2/21/23 at 4:18 pm to
Xbi was down over 4% akba pop was based off hope. THats it..
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/21/23 at 6:12 pm to
Probably all there is to it.
I don’t enough to worry about it.

$2-3 would be a nice surprise.
Posted by bayoubengals88
LA
Member since Sep 2007
24745 posts
Posted on 2/21/23 at 7:42 pm to
quote:

Akebia Therapeutics Received Interim Response from the FDA to Appeal for Vadadustat for the Treatment of Anemia due to Chronic Kidney Disease


I think this is essentially a giant delay…
LINK

This post was edited on 2/21/23 at 7:43 pm
Posted by jimjackandjose
Member since Jun 2011
6748 posts
Posted on 2/23/23 at 8:03 am to
Yep. Reassigned there appeal

A big dump on this news and it may be worth buying some lotto shares
Posted by jerryc436
Franklin
Member since Jan 2014
634 posts
Posted on 2/23/23 at 4:42 pm to
Showing movement after hours. Hope it continues moving up tomorrow.
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